Call it as the after effects or whatsoever, one just cannot deny the fact that the after the arrest of Salman Khan, there had to be many repercussions which were simply waiting to happen. While on the emotional front, there were many hearts broken and bleeding, but, on the financial front, it was worse.
The shares of Mandhana went down by 5 percent (intraday) today after Salman Khan was pronounced guilty in the 2002 hit-and-run case. For the uninitiated, Mandhana Industries has an exclusive license agreement with ‘Being Human- the Salman Khan Foundation’ – for their designing, marketing and distribution of the ‘Being Human’ clothing.
On the other hand, even the shares of Eros International Media fell by 7 percent, because it has the global distribution rights of Salman Khan’s to-be-released films Bajrangi Bhaijaan and his production Hero.