Compact Disc India restricts itself to animation

"The company has decided to withdraw itself from the production of live-action films immediately," Compact Disc India said in a filing to the Bombay Stock Exchange.     

Meanwhile, Laser Infomedia, a company owned by a promoter of Compact Disc, would set-up a developing and publishing Gaming Software Studio at New Delhi in collaboration with Singapore-based Golden Games Pte Ltd, within the financial year 2008-09, the company added.     

Compact Disc India would invest maximum up to 15 per cent of the equity capital in Laser Infomedia.