Eros takes stake in Bhagnani’s firm

Our Bureau Mumbai | Updated on January 20, 2018 Published on June 21, 2016

Eros International Media Ltd has acquired a 50 per cent stake in veteran producer Vashu Bhagnani’s company Puja Entertainment & Films Ltd for an undisclosed amount. Under the deal, Bhagnani’s ’90s blockbusters, including Hero No 1, Coolie No 1 and Biwi No 1, will be remade. The deal will also allow Eros access to Puja’s 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, new projects are in the pipeline as well.

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Published on June 21, 2016
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