September 25, 2016 5:01 AM ET

Media

Company Overview of DQ Entertainment Plc

Company Overview

DQ Entertainment Plc produces and distributes traditional and digital animation for television, home video, and feature films worldwide. It produces assets and full motion video creations, including modeling and texturing assets; environments, props, characters, vehicles, and weapons; animation FMVs, cinematics, cut scenes, Mocap animations, and Mocap cleanups; low and medium LOD assets; and digital paint work, as well as game programming for Mobiles, PCs, and mobile and online games. The company also produces animation and visual effects for feature films, television, and video in 2D traditional, 3D, and digital animation; produces animated feature films; and is involved in the licensing an...

644, Aurora Colony

Road No. 3

Banjara Hills

Hyderabad,  500034

India

Founded in 2007

Phone:

91 40 2355 3726

Fax:

91 40 2355 2594

Key Executives for DQ Entertainment Plc

President of Production Operations
Company Secreterial Affairs
Vice President of Corporate Administration & QMS
Senior Vice President of Human Resources
Age: 56
Senior Vice President of Glabal Business Development
Age: 53
Compensation as of Fiscal Year 2016.

DQ Entertainment Plc Key Developments

DQ Entertainment Plc Announces Resignation of Tapaas Chakravarti as Chairman and CEO

DQ Entertainment Plc announced that Tapaas Chakravarti has resigned as Chairman and CEO and steps down from the Board with immediate effect.

DQ Entertainment Plc Announces Board Changes

DQ Entertainment plc announced that at its extraordinary general Meeting held on 31 March 2016, Mr. Anil Chintapalli and Mr. Suresh Chitturi have been appointed as directors, and Ms. Rashida Adenwala and Mr. Sundar Srinivasa Raghavan have been removed as directors, with effect from 31 March 2016.

DQ Entertainment Plc Announces Cancellation Of Trading On AIM

DQ Entertainment Plc announced that pursuant to AIM Rule 1, the Company's shares will be cancelled from trading on AIM ("Cancellation") at 7:00 a.m. on 24 March, 2016 as the Company has not been able to appoint a replacement nominated adviser ("Nomad"). As notified in announcement on 4th February 2016, the Company had approached a number of prospective Nomad's to replace our previous Nomad. However given the current issues being faced by the Company namely: the alleged change of control and the possible event of default, under the terms of the bonds issued by certain of the Company's subsidiaries and announced on 9 December 2014 (the "Bonds"); requisition of general meeting of the Company (the "General Meeting") to propose resolutions to appoint Anil Chintapalli and Suresh Chitturi as directors of the Company (the "Proposed Directors"),as well as removal with immediate effect of Mr. Sundar Srinivasa Raghavan and Ms. Rashida Adenwala as directors of the board of the Company. none of the prospective Nomad's have consented to act as the Nomad of the Company until these issues are resolved. The Directors of the Company regreted both the initial suspension during 23 February 2016 and the delisting that has now occurred as a direct result of that event. The Directors of the Company said that they are fully committed to compliance requirements, and are working towards creating an alternative platform for facilitating trading in the Company Shares. The Company will continue operating as an unlisted Company as of now.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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