"This is no relief and there is no reason to be happy. We are all still anxious about the outcome of Sanju's regular bail application," said director Mahesh Bhatt.
"Its only an interim relief. So we are all praying for him," Bhatt told over the phone from Dubai.
Added producer Ravi Chopra: "It's fantastic news even though it's an interim bail. Sanju has already suffered a lot and has learnt his lessons he had to.
"Now we hope the court takes a more lenient view on his regular bail application," Chopra said.
According to Bollywood trade sources, the "Munnabhai" actor has over Rs. 500 million riding on him and his bail should enable him to finish his under production films.
Dutt, 48, who was sentenced on July 31 for illegal possession of weapons during the 1993 Mumbai serial bombings, is serving a six-year prison term at Pune's Yerawada jail.
"We are waiting for the interim bail order. Sanjay can be released depending on when we get a copy of the Supreme Court's order," said a member of Dutt's legal team.
"We are awaiting the apex court's bail order. Once that come through, Sanjay Dutt is free to walk out of jail," said a senior jail official Monday.
Sources here said that the actor gets at least seven days of freedom as the TADA court is expected to give a copy of its judgment by Aug 27.
"After getting a copy of the TADA court's judgment, Dutt will have to surrender to the police," sources at the TADA court said.
"Once on bail he will have to appear once a week before a police station and is banned from leaving the country without the TADA court's permission. The actor's passport will, however, remain with the TADA court."
A three-judge bench headed by Chief Justice K. G. Balakrishnan said it was releasing Dutt and others while restoring "status quo ante sentencing".
The apex court also granted interim bail to five other blast convicts -- Sameer Hingora, Aziz Ahmed Mohammed Ahmed Sheikh, Ibriam Musa Chauhan alias Baba Chauhan, Yusuf Mohsin Nullwala and Zaibunisa Anwar Kazi.