The youthful former owner of Fame has unwittingly set off a takeover battle over his successful multiplex business.
Shravan Shroff, Managing Director, Fame India Limited is hopeful that the producers can come to an agreement regarding revenue sharing of profits.
Shringar Cinemas, a movie distribution and multiplex company, will spend up to 78 per cent of the amount it plans to mop up from the forthcoming IPO on setting up multiplexes.
In an e-mail written on February 4, the Anil Dhirubhai Ambani Group firm has asked Fame's promoter Shravan Shroff to explain why he sold his family's 43.28 per cent in Fame India to INOX Leisure for Rs 44 a share when Reliance had made a 'firm offer' to buy it for Rs 80 a share.
Film production and distribution company Shringar Cinemas has decided to set up its own independent chain of multiplexes under the FAME brand name.
Even with an ongoing pandemic, theatres in many states functioning at 50 per cent occupancy, a quieter social life and fewer movies, Bollywood still managed to pack in plenty of drama and trauma, fun and festivity, love and war into the year.
As often is the case on celluloid, romanticising death is as significant as making every moment count where a young life's passing makes the realisation all the more heartbreaking and momentous.
We celebrate Bhattsaab and his greatest gems.
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