Jackky Bhagnani and Vashu Bhagnani owned production house, Pooja Entertainment, has been in headlines after some employees alleged non-payment of dues. Amid concerns of financial strain, Vashu Bhagnani revealed that Akshay Kumar was the first one to reach out and offered unwavering support to the production house.
Vashu Bhagnani revealed that as reports of his bankruptcy emerged, he received a call from actor Akshay Kumar. "He was the first one to call me and say not to worry, and let him know if there was anything to do so. He lent his unconditional support," Bhagnani said.
Bhagnani expressed gratitude for support from the other actors as he shared that he also got calls from actors Sunny Deol, Suniel Shetty, and old friend David Dhawan. He said, "I also got calls from Sunny Deol, Suniel Shetty, and also my old friend David Dhawan. I am really moved by everyone, they are people who stick by you." Bhagnani also conveyed his deep affection for the film industry, referring to it as his life. "I love the film industry, it is my jaan. There are still very emotional people in this industry who stick by you through thick and thin."
The veteran producer dismissed rumours of selling office space and mass layoffs. He lashed out at people for spreading rumours and said, "I am having the same conversation with Ali Abbas Zafar (BMCM director) also. People are having unnecessary problems. These people who are making allegations are not running my house. They are unnecessarily defaming the actors."
Vashu Bhagnani earlier clarified in an interview with ETimes that his office building has not been sold and it still belongs to him. Bhagnani revealed that the office building is being redeveloped into a luxury residential tower, a plan that was lined up for 1.5 years. He debunked rumours of financial distress, stating that the redevelopment was decided to be carried on after the release of their upcoming film, ‘Bade Miyan Chote Miyan’.
The production house, which was set up in 1986, is known for making superhit films like ‘Coolie No. 1’, ‘Biwi No. 1’, ‘Hero No. 1’ and ‘Rehna Hai Tere Dil Mein’. However, with a series of major flops, it has been facing a major financial crisis. The production house has seen back-to-back flops with ‘Bell Bottom’, ‘Mission Raniganj’, ‘Ganapath’ and then ‘Bade Miyan Chote Miyan’ hit the final nail in the coffin and the debt has now reportedly mounted to several crores.