Compact Disc India Ltd has informed that the Company has secured one of the film largest animation outsourcing contract worth USD 19.80 million. This deal has been inked with the world's largest digital entertainment Company, called iMedia Ventures Ltd and CDI, to animate a sci-fi, cum thriller film, titled 3000 BC. Internationally acclaimed actors will be lending their voices for this animated movie.
3000 BC, a science-fiction cum thriller film, revolves around the journey of a traveler who travels from the ancient period i.e. 3000 BC to the modern era, 2052 AD. The film bridges the gap between an untraceable past of the glorious world to the unseen future. This unique animated film is an attempt to show the continuity between the world's history and its present, with a surreal depiction of how the realm of the past still hold true in modern times.
With the forging of this deal, CDI will make this 3D Animation film over a time frame of 21 months, at their state-of-the-art studio which is being set up at the KINFRA SEZ, Trivandrum.
November 8, 2007
Compact Disc bags order to animate 3000 BC movie
November 1, 2007
Compact Disc cancels Rights issue
Compact Disc India Ltd has informed that keeping in view a very healthy financial position and adequate cash liquidity to meet its all current expansion plans, the Company has decided to cancel its proposed Right Issue Offer with immediate effect.
The Company has also revised its financial projections for the fiscal year 2007-08. The Company will comfortably achieve sales turnover of over Rs 100.00 crore compare to a projected sale figure Rs 85.00 for the current financial year.
October 1, 2007
Compact Disc India
Compact Disc India Ltd has informed that a meeting of the Board of Directors of the Company will be held on October 15, 2007, inter-alia, to consider the following:
1. The Unaudited Financial Results for the quarter ended September 30, 2007.
2. To consider the right issue.
3. To consider the issue of equity shares of the Company on preferential allotment basis.
4. To consider the issue of convertible warrants