Until the Wall Street Crash of 1929, his company Madan Theatres became the largest filmmaking, distribution, and theatre business in India. They were the first exhibitors of talkies in India.
In 1931, just months after Ardeshir Irani directed and produced India’s first ever talkie, Alam Ara, Madan Theatres produced the first Bengali talkie, Jamai Sashthi.