Hindi
Shree Ashtavinayak to invest Rs 5 bn for expansion, plans listing of subsidiary
MUMBAI: Shree Ashtavinayak Cine Vision Ltd (SAVCL) plans to invest Rs 5 billion to fund its expansion plans that include overseas distribution, acquisition of satellite rights, entering new geographies for content buying and making small budget movies (Rs 50-150 million).
The company also plans to raise Rs 3 billion through an initial public offering (IPO) of one of its newly-formed subsidiaries, Shree Ashtavinayak Lights Camera Action, in the next fiscal. The proceeds of the issue will be used for the expansion of the subsidiary into new geographies for content buying, acquiring satellite rights and scaling-up annual production of movies from the present three to 10.
Shree Ashtavinayak plans to either build a new studio in and around Mumbai or acquire one depending on the feasibilty report.
However, the distribution of films, both overseas and domestic, will be done by the parent company SAVCL.
The company said in a filing to BSE that it will produce eight movies next year at an estimated project cost of Rs 5 billion. It also said that the shareholders have approved a bonus of four new shares against one share held in the company.
Hindi
Dhurandhar the revenge storms past Rs 1,000 crore in a week, rewrites box office records
Aditya Dhar’s spy thriller sets fastest run to Rs 1,000 crore with record-breaking weekday hold
MUMBAI: The box office has a new juggernaut—and it is moving at breakneck speed. Dhurandhar the revenge has smashed past the Rs 1,000 crore mark worldwide in just a week, clocking a staggering Rs 1,088 crore and resetting the rules of the blockbuster game.
Backed by Jio Studios and B62 Studios, and directed by Aditya Dhar, the spy action sequel opened to the biggest weekend ever for an Indian film globally—and then refused to slow down. Unlike typical tentpole releases that taper off after Sunday, this one powered through the weekdays with rare muscle, posting Rs 64 crore on Monday, Rs 58 crore on Tuesday, Rs 49 crore on Wednesday and Rs 53 crore on Thursday.
The numbers stack up to a formidable first-week haul. India collections stand at Rs 690 crore nett and Rs 814 crore gross, while overseas markets have chipped in Rs 274 crore, taking the worldwide total to Rs 1,088 crore in just eight days.
The film’s opening weekend alone delivered Rs 466 crore, laying the foundation for what is now being billed as the fastest climb to the Rs 1,000 crore club in Indian cinema. Every single day of its first week has set fresh benchmarks, from the highest opening weekend to the strongest weekday hold—metrics that typically separate hits from phenomena.
A sequel to the earlier hit Dhurandhar, the film has not just built on its predecessor’s momentum but obliterated previous records, emerging as the biggest global blockbuster run by an Indian film to date.
At this pace, the film is not merely riding a wave—it is creating one.
