Here's how Vijayakanth solved the Rs 450 crore debt of Nadigar Sangam

10 months ago 13

Vijayakanth

was a versatile actor and leader. He passed away on December 28, 2023, after suffering from pneumonia due to COVID 19. He breathed his last in the hospital while receiving the treatment. Vijayakanth once upon a time managed the

Nadigar Sangam

of Kollywood, which is the South Indian Artists' Association.
The actor was the President of the Nadigar Sangam in 2000, and he managed to resolve all the debts of the council. The late actor Vijayakanth managed to resolve the debt amount of Rs 4.5 crore. According to the reports of India Today, the actor was praised for his tactical thinking at the time. He organized a fund-raising event in Singapore and Malaysia and requested actors Kamal Haasan and

Rajinikanth

to meet the fans in the two countries. The event filled with stars became a huge success, and tickets were sold in two countries. The funds raised from the event helped him settle all his debts.
Vijayakanth, while stepping down from his position in 2006, also revealed that the Nadigar Sangam had a bank balance of Rs 1 crore. Vijaykanth's plan to organize the event in Singapore and Malaysia to entertain the fans with stars was a huge success.
Kollywood is now mourning the loss of Vijayakanth. On social media, Kamal Haasan, Sarathkumar, Vikram,

Trisha

, and

Vijay Sethupathi

all shared their condolences. Actor Rajinikanth, who was shooting for his film '

Vettaiyan

', is now returning to Chennai to pay his respects to the remains of Vijayakanth.


Article From: timesofindia.indiatimes.com
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