Friday, Apr 26 2024 | Time 12:57 Hrs(IST)
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Business Economy


Eros buys 50 percent stake in Vashu Bhagnani's company

Mumbai, Jun 20 (UNI) Eros International Media Ltd has acquired 50 per cent stake in veteran producer Vashu Bhagnani’s company Puja Entertainment & Films Ltd for an undisclosed amount. Under this joint venture, blockbuster hits of the 90s known better as the ‘No 1’ series including Hero No 1, Coolie No 1 and Biwi No 1 will be the among the first of Vashu Bhagnani films to be remade. The deal will also allow Eros International access to Puja Entertainment’s vast library of all-time hits like Bade Miya Chote Miya, Rehna Hai Tere Dil Main and F.A.L.T.U. In addition to the remakes of some of these all-time hits, several new projects are in the pipeline as well. Kishore Lulla, Chairman, Eros International said, 'This alliance is an extension of the very special association we share with Vashu ji. As a studio, we want to continue developing prolific content and through this partnership '. UNI JS AW1446

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