Mumbai : Shares of Eros International Media and Mandhana Industries Ltd, the entities associated with Samlan Khan, came under intense selling pressure after the Bollywood actor was sentenced to five years rigorous imprisonment in the 2002 hit-and-run case. Eros International shares tanked 5.72% to settle at Rs 380.80 on the BSE. During the day, it slumped 7.15% to Rs 375.
Shares of Mandhana Industries, too, plunged 4.24% to close at Rs 264.50. In intra-day session, it dipped 4.74% to Rs 263.10. Eros’s market valuation fell by Rs 213.32 crore to Rs 3,522.68 crore and that of Mandhana went down by Rs 37.87 crore to Rs 876.13 crore.
Mandhana Industries is associated with the actor’s NGO ‘Being Human’. It has an exclusive licence agreement with Being Human – the Salman Khan Foundation – for designing, marketing and distributing Being Human clothing products.
Eros Media had in December announced its collaboration on the two maiden productions of Salman Khan Films – ‘Bajrangi Bhaijaan’ and ‘Hero’.
