New Delhi, May 30 -- PVR INOX Pictures has moved to quell mounting speculation over its business dealings with producer Vashu Bhagnani and his banner Pooja Entertainment, issuing a formal statement rejecting reports that suggested a major financial dispute between the two parties.

The clarification came after media reports claimed that the cinema exhibition and distribution company was considering legal options over alleged unpaid dues linked to a multi-film agreement valued at nearly Rs.100 crore. The reports generated significant attention within the film industry, particularly as Bhagnani and Pooja Entertainment have already been involved in separate legal controversies in recent weeks.

Responding to the claims, PVR INOX Pictures fir...