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Credence Sound & Vision Ltd.

BSE: 526741 Sector: Media
NSE: N.A. ISIN Code: INE406C01025
BSE 05:30 | 01 Jan Credence Sound & Vision Ltd
NSE 05:30 | 01 Jan Credence Sound & Vision Ltd

Credence Sound & Vision Ltd. (CREDENCESOUND) - Company History

Incorporated on 17 May '91 Credence Sound and Vision was promoted by T G Ghooh and A P Sanghavi together with equity participation from Communications Equity Associates. It is engaged in audio and video production and post-production. The process of production / post production in video involves tapeless and tape-based computerised editing of the raw footage generation and incorporation of special effects and computer graphics.The products of the company are utilised by advertising agencies advertisement / film makers video software producers TV producers satellite channels and foreign film and TV software producers. In Dec.'94 the company came out with a public issue. From a company based in Indonesia and fully owned by the armed forces it has secured export orders for setting up a financial information service. It has also procured an order from AVS Productions Mauritius for producing a TV show for them. In 1995-96 the company successfully commissioned its first state-of-the art audio and video post production studio at Lower Parel in Bombay. Also the company has successfully produced an English serial -- Word Power which is being telecast on the Yes channel. The company intends to pick up a 40% stake in Shivacom Informatics a company based in Mauritius which is in the information technology business. In 1995-96 the company earned a foreign exchange of Rs 5.87 cr.