Tuesday, June 12, 2007

GV Films interested in investing in Sanra

G V Films Ltd has evinced interest in investing in animation firm Sanra, a top company official said on Monday. It plans to pick up 10% stake in Sanra.

Sanra, which had bagged orders for production work of some cartoon films from Hollywood, would decide very soon on the offer, Sanra's CEO Sukumar Subramanian told reporters.

GV had bagged a six million USD order for producing an animation film from the United States, besides 12 million order from a UK company, Venkatramani said adding Sanra's expertise would be used in producing both the films. The company was also exploring the possibilities for a tie up with Universal Studios in the Hollywood for production of animation films, he said.

(Source:ET)

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