A Big loss for Aascar Ravichandran
- IndiaGlitz, [Monday,February 22 2016]
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.