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Nitin Desai reportedly defaulted on Rs 252 crore loan

Posted

August 2, 2023

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Nitin Desai was found hanging at his studio in Karjat in the wee hours of August 2. According to Mumbai Police, the art director seems to have committed suicide but they are investigating the case to 'ascertain all the aspects.' As the entertainment industry is currently busy mourning his loss, it was reported that he was under a lot of financial stress. Now, as per the latest update, Desai's company was going bankrupt, and he had defaulted on a Rs 252 crore loan.

#bollywood #nitindesai

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Nitin Desai reportedly defaulted on Rs 252 crore loan · Etimes · Sentinel