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Amitabh Bachchan Corporation (formerly Amitabh Bachchan Corporation Limited ABCL) or AB CORP is an Indian entertainment company which is owned by Amitabh Bachchan. It was founded in 1995, it did event-management, film production and distribution work.
Amitabh Bachchan was on the brink of bankruptcy in 1999 when his venture, Amitabh Bachchan Corporation Ltd (ABCL), faced major losses.
Ab Corp Limited is a Public incorporated on 06 January 1987. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Its authorized share capital is Rs. 1,250,000,000 and its paid up capital is Rs. 487,728,710.
Around 1994, Bachchan started Amitabh Bachchan Corporation Ltd (ABCL), an event management, production and distribution company. But the company fell into debt with a fiasco and went into bankruptcy, subsequently Bachchan became nearly bankrupt.
Feb 16, 2024 · Despite his stardom, Amitabh's foray into business with the Amitabh Bachchan Corporation Ltd (ABCL) in the mid-1990s faced significant failures. ABCL, initially profitable, soon spiraled into debt, reaching a staggering Rs 90 crore.
Oct 11, 2022 · Bachchan’s brush with bad luck continued as ABCL (Amitabh Bachchan Corporation Ltd), the entertainment company he launched in 1995, turned into a financial disaster. The company had some initial success.
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Apr 21, 2021 · Abhishek Bachchan has remembered the time when father Amitabh Bachchan’s company ABCL went bust. He said his father called him to his study late at night, said ‘nothing was working’.
