30 May,2026 07:10 PM IST | Mumbai | mid-day online correspondent
Vashu Bhagnani. Pic via X
Vashu Bhagnani has been making headlines lately for initiating legal proceedings against the makers of Hai Jawani Toh Ishq Hona Hai. The lawsuit emerged over the alleged unauthorised use of songs, Chunnari Chunnari and Ishq Sona Hai from Biwi No.1 in the latest film starring Varun Dhawan. Amid this, reports emerged suggesting PVR Inox had sued the producer.
The reports suggested that the veteran filmmaker was staring at another legal trouble involving the cinema chain, PVR Inox Pictures, due to a 3-film agreement with Vashu Bhagnani's production house, Puja Entertainment.
As per the alleged understanding, PVR Inox had reportedly paid Rs 100 crore as a refundable advance to the production house and has agreed on releasing three of its films, namely, Mission Raniganj, Ganapath and Bade Miyan Chote Miyan. The deal stated that if the films failed to generate the expected results, Puja Entertainment would refund the outstanding balance.
All the 3 films failed to perform at the box office, following which PVR Inox Pictures made repeated follow-ups for the recovery of the alleged outstanding amount of around Rs 50 crore, according to reports.
On Saturday, the official handle of PVR Inox Pictures cleared the air surrounding the online rumours. The statement read, "We've noted a recent media report about us and Vashu Bhagnani. The story is misleading and speculative, and does not reflect the facts or the nature of the relationship between the parties. PVR INOX Pictures and the Bhagnani family share a longstanding, cordial professional relationship built on years of collaboration and mutual respect."
Highlighting the healthy and professional relationship between PVR and Jackky Bhagnani, the statement added, "We also wish to appreciate Jackky Bhagnani's professionalism in all dealings between our companies, his commitment to carrying forward Vashu Ji's legacy has always been evident. Our interactions with him have always been constructive and collaborative, and we greatly value the positive relationship that we have built over the years."
Concluding the statement, PVR Inox Pictures stated, "We remain committed to maintaining strong relationships with our industry partners and conducting our business with transparency and professionalism. We urge media outlets to exercise due diligence and refrain from drawing conclusions based on unverified reports."
