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Fairdeal bags Jhankaar Beats' overseas rights

Our Bureau

MUMBAI, March 26

PRITISH Nandy Communications Ltd (PNC) has sold the overseas theatrical and home video rights of its forthcoming film Jhankaar Beats to Fairdeal International.

Jhankaar Beats will be released in theatres worldwide this summer. Jhankaar Beats, directed by first-timer, Mr Sujoy Ghosh, stars Juhi Chawla, Rahul Bose, Sanjay Suri, Rinke Khanna, Riya Sen and Shayan Munshi.

PNC has also recently sold the satellite broadcast rights of its films Sur and Bollywood Calling to Star TV for telecast.

The company had reported a net profit of Rs 1.03 crore during the December 2002 quarter. In the September 2002 quarter, the company had a net loss of Rs 1.41 crore.

During the current fiscal, PNC's release in Kaante helped it to return to profits. The company expects to end the current fiscal on a positive note.

The share price of PNC ended today at Rs 18.40 on BSE against the previous close of Rs 18.80.

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