Chief Minister Buddhadeb Bhattacharjee declared in the Assembly that Reliance was keen to take over the film studio.

Later, Dilip Chakrabarty, Principal Secretary in the Department of Information and Culture said: “I don’t know whether the Ambanis had sent any other proposal directly to the chief minister. Adlabs is one of the 14 companies that have shown interest in taking over the studio that has not been doing business for the last two years. After shortlisting, financial bids will be invited,” Chakrabarty told Indian Express.

He also mentioned that Zee Telefilms, the single bidder for the state government-owned Technicians Studio, has been asked to submit its bid a second time as the price it quoted was below the reserve price fixed by the government.

The chief minister also announced in the Assembly that the State Government had requested film star Shah Rukh Khan to set up a film studio here.

“Recently, Shah Rukh met me and offered to set up a cricket academy in Kolkata. We requested him to set up a film studio. He said he would think it over and get back to us,” the chief minister said.

He also said the government wanted more multiplexes as cinema halls were not doing well.