The story
On 24 October 1978 film maker Subhash Ghai set up his own film production company Mukta Films and produced a film titled Karz. In 1982, Subhash Ghai formed a new independent company as Mukta Arts Private Limited and produced and directed many movies including Hero, Karma, Ram Lakhan, Saudagar, Trimurti, Khalnayak, Pardes, and Taal till 2000.
In 2000, Mukta Arts Limited became first Company from the Hindi Film Industry to be listed on the stock exchanges in India. Subsequently, it produced commercial movies like Yaadein, Aitraaz, Kisna, 36 China Town, Yuvraaj and Apna Sapna Money Money. In 2003, it produced low budget movies under the banner of Mukta searchlight films including Iqbal, Joggers Park, Rahul and Black & White. It won a National Award for IQBAL as best film on other social issues in 2006. It also set up a division for regional movies which produced three Marathi, one Bengali, one Punjabi and one Kannada movies. It set up its own all India distribution network and released many Hindi and English movies.
From Wikipedia’s article on Mukta Arts, shared under CC BY-SA 4.0.5