Each share of Teamo Productions, with a face value of Rs 10 each, shall be split into ten equity shares with a face value Re 1 each as on the record date.
GI Engineering Solutions announced the addition of a new business division, which has now been named as 'Teamo Productions HQ' to reflect the business activities more appropriately.
GI Engineering will venture into business of film production, distribution and allied services under the new division and will produce second installment of 'Haseena Maan Jayegi'.
For the quarter ended on June 30, 2023, GI Engineering reported a manifold rise in the net profit and revenue from operations at Rs 0.94 crore and Rs 93.91 crore, respectively.