Mr.Dhilin H. Mehta the present Managing Director joined the Board on 31.02.02. Consequently our Company produced two full length films "Fantoosh"and "Agnipankh" which was released in financial year 2003-04. Since these were the initial venture of our Company into films it was considered prudent to keep the risks low by keeping the budgets low. This venture helped us to get exposure to all aspects of making films and helped lay a foundation for our company in film production. Both the films were distributed by us. As we decided to discontinue business of TV serials we sold TV serials produed by us to interested parties on as is whereis basis over a period of year. The last sale of TV serials was completed in November 2005 for Rs.65 lakhs.

In May 2004 we also entered into the business of distribution of films produced under other banner to achieve vertical integration. This also helped us to understand audience tastes and preferences and build relationships in the industry. The year 2004-05 saw us consolidate our position as major distributor for the Mumbai Territory and we distributed 10 films namely Main Hoon Na Garv Asambhav Mujhse Shaadi Karogi Fida Rakht Aitraaz Insaan Nigehbaan and Tango Charlie during the year. "Main Hoo Na" went a long way in establishing our Company's credential in distribution business.

During the year 2005-06 we distributed 8 films namely Nazar Paheli Dus Zinda Family Anjaane Apharan and Mr.Prime Minister. We distribute our home productions and those of other producers in the Mumbai Territory. We began distribution in the Delhi Territory with the film Zinda in January 2006. By end of Feb 2006 we had distributed films in 1145 theaters in a span of two years.

Having consolidated our distribution business we again began work on the production of big budget film `Maine Pyar Kyon Kiya' which was produced in association with Sohail Khan Productions staring Salmaan Khan and was directed by Sohail Khan. The movie was released in July 2005 and turned out to be successful. The film was distributed by us in Mumbai Territory. The strategy of vertical integration of production and distribution which was put in place worked well with the release of this film. We also entered into an agreement with K Sera Sera Production Ltd whereby 10 films will be produed in association with them who has also agreed to share the cost to be incurred on production of films.

To complete the chain of vertical integration our Company forayed into the area of exhibition of films. This would enable us to have effective control over screening of our films both produced and distributed. We have tied up with 18 theatres across Mumbai Territory.

Our office is located at Andheri (W) the hub of Mumbai film and Television Industry.

Milestones achieved by the Company

Year Milestones

2001-02 Incorporated on 23 October 20012003-04 Production of two films simultaneously Fun2shh Dudes In the 10th Century and Agnipankh First production house to restart shooting in Kashmir2003-04 Release and Distribution of the in house productions Fun2shh Dudes In the 10th Century was released on December 19 2003 and Agnipankh was released on February 27 2004

2004-05 Acquisition of Distribution rights of the blockbuster film Main Hoon Na Mujhse Shaadi Karogi Aitraaz among others. Distribution of 10 films during the year.

2004-05 Commenced exhibition business

2005-06 Release of the film Maine Pyar Kyon Kiya produced in association with Sohail Khan Productions