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Home / Business and Economy / Rakul Preet Singh: 'No Company Closure' Amidst Financial Woes

Rakul Preet Singh: 'No Company Closure' Amidst Financial Woes

3 Dec

•

Summary

  • Pooja Entertainment faced financial challenges after "Bade Miyan Chote Miyan" flopped in 2024.
  • Rakul Preet Singh clarifies that the company is not shut down despite reported losses.
  • The family mortgaged properties to fund the film, deeming it a 'phase'.
Rakul Preet Singh: 'No Company Closure' Amidst Financial Woes

Pooja Entertainment, helmed by Vashu and Jackky Bhagnani, recently navigated a period of intense financial scrutiny after their 2024 film "Bade Miyan Chote Miyan" failed to perform at the box office. This led to speculation regarding the company's stability, including reports of unpaid dues and staff reductions.

Actress Rakul Preet Singh, married to Jackky Bhagnani, has addressed these rumors, assuring that the company has not been shut down. She acknowledged that two to three film projects did not perform as expected, resulting in considerable financial losses. However, she stressed that such challenges are common for film producers and that this situation is merely a temporary phase for the family.

Singh highlighted that despite the commercial setback, which reportedly incurred losses of approximately Rs 250 crore, necessitating the sale of their Mumbai office, the family's resolve remains strong. Jackky Bhagnani confirmed that properties were mortgaged to finance the film, underscoring the personal commitment and the inherent risks within the production business.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Pooja Entertainment faced financial challenges and significant losses after the 2024 box office failure of "Bade Miyan Chote Miyan."
No, Rakul Preet Singh has clarified that Pooja Entertainment is not shutting down, calling the reported closure untrue.
Yes, Jackky Bhagnani stated that as a family, they mortgaged their properties to make the film "Bade Miyan Chote Miyan."

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