Popular
actor
and
producer
Mohan
Babu
is
all
set
to
launch
a
new
production
house
very
soon.
Till
now
he
has
been
producing
the
films
under
the
banner
Sree
Lakshmi
Prasanna
Pictures
which
was
launched
in
1982.
As
per
the
sources
in
the
film
industry,
the
unit
would
come
up
as
Mohan
Babu
Corporation.
It
is
learnt
that
MB
would
be
the
name
of
the
unit.
He
has
also
acquired
land
for
the
construction
of
an
office
for
the
production
house.
Manchu
family
is
planning
to
complete
the
construction
activity
as
early
as
possible
and
start
producing
films
on
the
name
of
MB
Corporation.
Efforts
are
being
made
to
complete
the
works
on
a
warfooting.