Amitabh Bachchan Corporation Ltd Founded

Amitabh Bachchan Corporation Ltd (ABCL) was established by Amitabh Bachchan as a multifaceted company involved in event management, film production, and distribution. The inception of ABCL marked a significant shift in Bachchan's career as he sought to expand his influence beyond acting. However, the company faced severe financial challenges shortly after its formation. The primary factors contributing to its downfall included a series of underperforming films at the box office and the mismanagement of the Miss World 1996 pageant, which was a high-profile event that did not yield the expected returns. As a result, ABCL accumulated substantial debt, leading to its bankruptcy. This financial crisis had a profound impact on Bachchan's personal finances, bringing him to the brink of bankruptcy himself. He later described this period as one of the most challenging times in his life, reflecting on the emotional and professional toll it took on him.