Sanjay Dutt's conviction: Bollywood has Rs 150 cr at stake

Following his conviction under the Arms Act in the 1993 blasts in Mumbai, Bollywood has a whopping Rs 150 crore at stake.

With actor Sanjay Dutt, whose six films are on the floor facing a possible imprisonment of a maximum of three years following his conviction under the Arms Act in the 1993 blasts in Mumbai Bollywood has a whopping Rs150 crore at stake.

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Sanjay, 47, who could not really savour the success of his latest hit "Lage Raho Munna Bhai" because of the impending verdict, was particularly careful in signing new ventures after July. Trade pundits say the actor, who was first arrested when he was playing the lead role in "Khalnayak" a tag which shadowed him for years worked overtime to complete the pending projects as the judgement day neared.

With the TADA court convicting accused number 117 on Tuesday, Rs125 crore is locked up on the following Sanjay-starrers Ashtavinayak Films' untitled venture being directed by Abbas-Mastan; Sanjay Gupta's "Shoot Out At Lokhandwala", Mahindra Dhariwal's "Nehle Pe Dehla" (post-production), David Dhawan's untitled film and Vidhu Vinod Chopra's "Eklavya", according to Kumar Mohan, trade analyst and editor of "Complete Cinema".

While convicting Sanjay, the court extended his bail till December 18.

His close friends and film producers Sanjay Gupta and Mahesh Manjrekar hope that the actor would come out clean as he had already spent a year and four months in jail earlier.

Sanjay also revived his family production house Ajanta Arts but was yet to undertake new projects under the banner.