ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Toor Spinners

EPW Research Foundation TGF Media Systems TGF MEDIA SYSTEMS is setting up a film infrastructure project which is targeted at film and video producers who will utilise the hi-tech infrastructurel facilities provided by the company for editing, recording, rerecording, dubbing, opticals, blue screen and front projection services. The project is located in Thiruverkadu village about 22 kms from Madias which is the major centre in South India catering to the film and video industry for post-production facilities. Though the city has 18 recording studios, 15 dubbing theatres, 25 shooting houses and several editing rooms, the existing facilities are inadequate as none of the establishments provide all facilities under the same roof and the available equipment is obsolete and has a limited range of features. Further, the services provided are time-consuming and expensive and there is no fully air conditioned and versatile shooting floor. The project which will be the only one of its kind to provide entire post-production facility under a single roof with a compatibility to both film and video industry, is to be set up at a total outlay Of Rs 3.46 crore and is expected to commence commercial operations by August 1994. To part finance the project the company will enter the capital market with a public issue of 25,00,000 equity shares of Rs 10 each at par. The issue will open for subscription on April 6 and will be lead managed by Integrated Advisory Services.

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