Lyca Productions issues an ultimatum to Shankar for Indian 2
Director Shankar’s last film 2.0 was produced on a mammoth budget of nearly Rs 550 crore. The film did good business but it still ended up as a loss venture because of its huge budget.
Shankar is also known to increase a film’s budget midway. He teamed up with 2.0 producers Lyca Production for his next film Indian 2 starring Kamal Haasan. The film went on floors early this year but was put on hold for a couple of months.
It is said that director Shankar exceeded the proposed budget which Lyca was not interested in shelling it out. This created a rift between them. Now, it looks like they’ve reached an agreement.
Lyca Productions has made Shankar sign an agreement stating that he would make the film within the stipulated budget and would not exceed it. The next schedule about commences on June 1.