Films financier and Mumbai distributor Bharat Shah has forayed into film distribution in the Delhi-UP-Punjab territories. He has invested in a start-up company by distributor Anil Agarwal.
"The markets of Delhi-UP-Punjab have been sold to Bharat Shah and Anil Agarwal, who is the most influential distributor of that territory, for an appropriate price," Tanuj Garg, CEO Balaji Motion Pictures, told PTI.
Agarwal, known in the North Indian film trade circles, has set up his own venture that will focus on the acquisition of select films for release.
Milan Luthria directed romantic-gangster drama film stars Akshay Kumar, Imran Khan and Sonakshi Sinha in the lead. It releases on August 15.
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