MUMBAI: Adlabs Films has changed the company’s name to Reliance MediaWorks Limited with effect from 5 October, 2009. The company has received the certificate from the Registrar of Companies, Maharashtra registering the aforesaid change in name.
The company’s Board of Directors had decided to change the name as the original name Adlabs Films, was reflective of the company’s initial business as a film processing laboratory.
Pursuant to the Reliance ADA Group acquiring the controlling stake in the company in 2005, the company witnessed growth in the canvas and scale of its operations as Reliance ADA Group’s financial strength and management expertise acted as a catalyst in its expansion across businesses like exhibition, film and media services, and television software.
The company has entered new segments of the film production value chain including digital post-production, digital cinema mastering, studios/shooting floors, film and TV equipment rentals, visual effects and image enhancement, film restoration BPO and other value added services.
The company also houses a television production house – BIG Synergy.
Reliance MediaWorks CEO Anil Arjun said, "The name Reliance MediaWorks Limited more accurately reflects our identity as a diversified film and media services company with a global presence and enables us to draw upon the international recognition of the Reliance Anil Dhirubhai Ambani Group brand."