Percept Picture Company to invest Rs150 crore in nine films

Percept Picture Company (PPC) will be investing Rs1.5 billion in a nine-movie line up slated for later release.

PPC has entered into  tie-ups with eminent directors such as Madhur Bhandarkar, Nagesh Kukunoor, David Dhawan, Priyadarshan and Aneez Bazmee.

PPC has also a number of films due for release in 2009-10. The first to come out of the Percept stable will be 24x7 Raftaar, a movie directed by Shamim Desai, followed by Madhur Bhandarkar's Jail.

Raftar is scheduled for August 2009 release followed by Jail.

Bumm Bumm Bole directed by Priyadarshan, Aashayein and Yeh Hausla directed by Nagesh Kukunoor, and Carry on Pandu directed by Chandrakant Kulkarni will follow.

Percept started the year with Firaaq, Kanchivaram and 8x10 Tasveer.