Nouveau Global Ventures has secured a secured Rupee Term Loan facility aggregating to ₹1.5 Cr from Prime Capital Market to fund the acquisition of film rights and meet business requirements. The company's Board approved the execution of the Term Loan Agreement dated June 15, 2026, during a meeting held on the same day. The loan is secured by a first pari-passu charge over the company's properties via an equitable mortgage.

Loan and Acquisition Details

The loan proceeds will be utilized for the acquisition of film rights pursuant to a Film Rights Purchase Agreement for a consideration of approximately ₹1.5 Cr. The company has approved the creation of security, including an equitable mortgage over specific immovable assets, in favour of Prime Capital Market Limited to secure the credit facility.

Security and Property Details

The security provided includes a deposit of title deeds for two properties located in Andheri West, Mumbai. The specific assets mortgaged are Unit No. 606 & 607 at Aston Building and Flat No. 501 at Ruby Palace Premises Co. Op. Hsg. Soc. Ltd.

Regulatory Disclosures

The company confirmed that Prime Capital Market Limited is not related to the promoter or promoter group, and the transaction does not fall within related party transactions. No special rights, such as the right to appoint directors or participation in management, have been granted to the lender under the agreement. The disclosure was made pursuant to Regulation 30 of the SEBI LODR Regulations, 2015.

nouveau global ventures reported a net loss of ₹40.01 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹57.18 lakh in the previous year. The company's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on Tuesday, May 26, 2026.

Financial Performance

The company recorded a total income of ₹65.82 lakh for FY26, a significant decrease from ₹149.42 lakh in the previous year. For the quarter ended March 31, 2026, the company reported a net loss of ₹11.64 lakh on a total income of ₹15.46 lakh. Expenses for the full year rose to ₹103.19 lakh from ₹85.77 lakh in FY25, driven by higher employee benefit costs and finance costs.

Key Metrics

Regulatory Compliance and Audit

The statutory auditors, M/s. Ashok Shetty & Co., issued an audit report with an unmodified opinion on the audited financial results. The intimation was submitted to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The trading window for dealing in the company's securities, which was closed from April 1, 2026, will reopen 48 hours after the declaration of these results.