FACT CHECK: Vashu Bhagnani Facing Rs 100 Crore Legal Action Over PVR Inox Pictures Three-Film Deal?

Bollywood producer Vashu Bhagnani has been in the headlines amid his feud with the makers of Varun Dhawan and David Dhawan’s upcoming film Hai Jawani Toh Ishq Hona Hai. Amid their public tussle, a report claimed that he is likely to be sued by PVR Inox Pictures over a reported Rs 100 crore three-film deal. As per an unverified source, PVR Inox Ltd’s distribution arm had entered into an understanding with Puja Entertainment for films including Mission Raniganj, Ganapath and Bade Miyan Chote Miyan, with around Rs 100 crore reportedly paid as a refundable advance. The report further claimed that the underperformance of the films triggered a refund clause and that Bhagnani had failed to pay the alleged outstanding amount of Rs 100 crore despite

repeated follow-ups. However, PVR Inox Pictures has issued a statement denying these claims.

PVR Inox Pictures On Rs 100 Crore Three-Film Deal With Vashu Bhagnani

In an official statement, the distributor said, "We have noted a recent media report concerning PVRINOX Pictures and Mr. Vashu Bhagnani. The contents of the story are misleading and speculative in nature and do not accurately reflect the facts or the nature of the relationship between the parties."The statement said that PVRINOX Pictures and the Bhagnani family shared a longstanding and cordial professional relationship built over years of collaboration and mutual respect and added that it's not appropriate to discuss the details of any commercial arrangements in the public domain.PVR Inox Pictures also went on to praise Jackky Bhagnani for handling all matters between the two companies. They said that he had consistently demonstrated professionalism and a deep commitment to carrying forward his father's legacy. The statement added that their interactions with him had always been constructive and collaborative and that they greatly valued the positive relationship built over the years.It further said that they remained committed to maintaining strong relationships with industry partners and conducting business with transparency and professionalism, and requested media outlets and stakeholders to exercise due diligence and refrain from drawing conclusions based on inaccurate and unverified reports.

Media statement from PVR INOX Pictures pic.twitter.com/kZjDUANHJl

— PVR INOX Pictures (@PicturesPVR) May 30, 2026

Meanwhile, Vashu has not directly reacted to the false report.

Vashu Bhagnani-Ramesh Taurani Legal Battle

Currently, Producer Vashu Bhagnani’s company, Puja Entertainment (India) Ltd, is involved in a legal battle with Tips Industries Limited, Ramesh Taurani, Kumar S Taurani, and filmmaker David Dhawan. The case is about the alleged unauthorised use of songs from the 1999 film Biwi No 1 in the upcoming movie Hai Jawani Toh Ishq Hona Hai.The film is set to release worldwide on 5 June 2026.