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A Big loss for Aascar Ravichandran

Monday, February 22, 2016 • Tamil Comments

One of the most reliable production houses in Kollywood, Aascar Films ably run by Ravichandran for many years has faced a financial crush for the past few months in spite of delivering hits like ‘I’ and ‘Bhooloham’ and also distributing Hollywood blockbusters ‘Furious 7’, ‘Jurassic World’, ‘Avengers: Age of Ultron’ and ‘Mad Max:Fury Road’.

Ravichandran’s assets worth Rs. 35 crores has been put for sale by a bank in Coimbatore to whom he owes money. Kamal Haasan’s ‘Viswaroopam 2’ is under production by the company and with these turn of events the films release may take longer than expected.

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