Income tax raid at ‘Ramayana’ producer Namit Malhotra’s office, weeks before the release

Income Tax Department recently conducted searches at the Mumbai offices of Prime Focus Ltd due to foreign remittances. This investigation coincides with the upcoming release of the film ‘Ramayana’, produced by Namit Malhotra. Prime Focus’s stock fell around eight percent following the searches, indicating potential investor concern. The two-part epic, featuring a star-studded cast, is set for theatrical release on November 5, 2026.