King Nagarjuna is named as a successful businessman along with being a prominent actor of Tollywood. The actor has been producing films on Annapurna Studios from the past few years and he even floated couple of banners Great India Entertainments and Manam Studios. After a series of debacles, Great India Entertainments vanished away. Manam Studios has been started recently and is co-producing several movies.

Now the latest update is that Nagarjuna is said to have floated one more new banner to produce small budget films. This is the fourth banner from Nagarjuna’s family which is sure a surprise. With very few hits from Nag as an actor and producer, Tollywood circles have been left puzzled for Nag floating one more production house.