Compact Disc India today said it will not diversify into the production of live-action films and strictly remain within the core business area of animation films.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>"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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>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.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>Compact Disc India would invest maximum up to 15 per cent of the equity capital in Laser Infomedia.</P></p><p class='TableClas'></p></table>


Compact Disc India restricts itself to animation

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