Asian Cinemas is a big brand which are headed by Narayan Das and Sunil Narang. It has been associated with distribution, multiplex business, and several other sectors. Yesterday IT raids were conducted at Asian Cinema & Multiplexes Private Limited and the Skill Promoters Infra Private Limited. The raid were conducted their office premises, home, and several other partnerships in Hyderabad. Narayan Das and Sunil Narang in joint venture with Mahesh Babu are running the famous AMB Cinemas in city Hyderabad.
The IT Raids were conducted on the offices of Asian Cinemas and their properties. It has also come out that the residence of Sunil Narang and Narayan Das was also searched. Narayan Das and Sunil Narang are the business partner of Mahesh Babu in the AMB cinemas in Sarath City Capital Mall. Sunil Narang also owns a chain of theaters in the twin cities, located at Kukatpally, Uppal and Kapra.