Vashu Bhagnani Denies Reports About Selling Pooja Entertainment's Office and Laying Off Staff

Vashu Bhagnani Pooja Entertainment News

Vashu Bhagnani and Jackky Bhagnani's Pooja Entertainment hasn't been able to deliver a successful movie for years. Recently, a media report stated that Pooja Entertainment's office in Juhu, Mumbai, was sold off to clear a debt of Rs 250 crore. The production house was also accused of non-payment of dues and laying off 80% of its staff. Are these things true?

Reacting to reports, Vashu Bhagnani denied them, saying, "The building (office space) that people are talking about hasn’t been sold to anyone; it belongs to me even now. We are only redeveloping it into a tower that will house luxury homes. This was planned 1.5 years ago. I was waiting for Bade Miyan Chote Miyan to release, after which we wanted to start the redevelopment."

Dismissing reports of laying off his staff, Vashu Bhagnani shared that they now function from the old office, which was a 'lucky' space for them. "We’ve had the same team working with us for 10 years; we haven’t asked anyone to leave," he added.

"I love Bollywood and films. Bollywood is my jaan, this is the most emotional industry, and people stick by you through thick and thin," Bhagnani concluded.