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Color Chips plans up to $10 million GDR issue
MUMBAI: Hyderabad-based Color Chips (India) Ltd is considering a global depository receipts (GDR) issue of up to $10 million to fund its expansion plans.
“We are going in for a GDR issue as certain investors have shown interest to enter into our company. The size could be in the range of $5-10 million. We are likely to freeze on the exact amount in our next board meeting which is to be held on 1 March,” Color Chips chairman and managing director Sudhish Rambhotla tells Indiantelevision.com.
Color Chips is also eyeing acquisition of a company in the US. “We are in negotiations with a few companies in the US for strategic reasons. We have appointed consultants who are working on it. This will help provide us a strong production pipeline. We would require funding for this,” says Rambhotla.
Color Chips, which is engaged in service contracts, wants to move up the value chain. By having an outfit in the US, the company hopes to benefit in bagging bigger contracts.
The company will also require funding to execute co-production deals. The company has co-production deals in animation outsourcing work as well as graphics for live action movies. “We are providing high graphics for two live action movies for which we will have a share in revenues. We are also in co-production deals for animation,” says Rambhotla.
Color Chips has worked in several projects including international co-production “Legend of the Dragon” with German studio BKN New Media. The company expects revenues to go up from Rs 117 million to around Rs 150 million in the current fiscal, says Rambhotla.
News Broadcasting
Kamlesh Singh receives Haldi Ghati Award from MMCF
India Today Group editor honoured for three decades of journalism at Udaipur ceremony.
MUMBAI- Kamlesh Singh just turned a lifetime of sharp words into a shiny shield because when journalism wakes up a society, even the Maharana of Mewar wants to pin a medal on it.
The Maharana of Mewar Charitable Foundation (MMCF) conferred its prestigious Haldi Ghati Award on Kamlesh Singh, a senior editor at the India Today Group, during a ceremony in Udaipur on 15 March 2026. The national award, instituted in 1981-82, recognises “work of permanent value that initiates an awakening in society through the medium of journalism.”
Singh, who leads several editorial initiatives including Aaj Tak Radio, the Teen Taal community and The Lallantop, was presented the honour by Lakshyaraj Singh Mewar, Managing Trustee of MMCF. The citation highlighted his three decades of contributions to Indian media, innovations in digital journalism, mentoring young reporters, and his popular podcast persona “Tau” on Teen Taal, which fosters thoughtful public discourse.
The Haldi Ghati Award, named after the historic Battle of Haldighati symbolising valour and resilience, is one of four national awards given annually by MMCF. Past recipients include Tavleen Singh, Piyush Pandey and Raj Chengappa.
Other honourees this year included Padma Vibhushan Pt Hari Prasad Chaurasia, Vedamurti Devvrat Rekhe, Treeman of India Marimuthu Yoganathan, Vir Chakra Capt Rizwan Malik, and US-based researcher Molly Emma Aitken, who received the Colonel James Tod Award for contributions to understanding Mewar’s spirit and values.
In an era where headlines often shout louder than substance, the MMCF quietly reminded everyone that real journalism isn’t about noise, it’s about the quiet, persistent work that stirs society awake, one thoughtful story at a time.
