The team of film 'Baahubali 2: The Conclusion', has canceled the films premiere which was to take place on Thursday, as a mark of respect for veteran Bollywood actor-politician, who died on Thursday. He was 70.

"We are deeply saddened by the loss of our beloved, the legendary Vinod Khanna. The demise has come as a huge shock to all of us. As a mark of respect for our dearly departed, the premiere event of 'Baahubali : The Conclusion' is now cancelled. Love and remembrance, Karan Johar, SS Rajamouli and the entire team of Baahubali," read a statement released on behalf of filmmakers Karan Johar, S S Rajamouli and the other team members.

Karan is presenting the Hindi version of the film. Karan also took to Twitter to announce the news. "As a mark of respect to our beloved Vinod Khanna the entire team of Baahubali has decided to cancel the premiere tonight," he posted.

As a mark of respect to our beloved Vinod Khanna the entire team of Baahubali has decided to cancel the premiere tonight...

— Karan Johar (@karanjohar) April 27, 2017

The Prabhas and Rana Daggubati starrer film is releasing on Friday.