What should warm the cockles of the actor is that the PPC agreed to the price he demanded - Rs.50 million per movie.
So, his deal with the PPC is the biggest ever Hashmi has signed so far.
After the deal was signed Thursday, the PPC's joint managing director Shailendra Singh said: 'We are very happy to have Emran Hashmi on board. We believe his performances are consistently improving and he has the potential to make a difference to our future line-up with leading directors.'
Obviously, Hashmi could not have been happier for the faith reposed on him by a leading distribution and production company.
'All I can say is that I am delighted. Whatever I have achieved in films so far has largely been because of the Bhatts. So, a fair share of all the appreciation that I am getting today should also go to them, ' the actor remarked after signing the deal.
The PPC has also taken on board directors like Priydarshan, David Dhawan and Nagesh Kukunoor.
'We want to produce all genres of comedy, be it comedy, supernatural thriller, drama, romance and action. So we are signing directors who can justify making these divergent genres of films, ' Singh said.
Singh hinted that Emran Hashmi may be cast in one of David Dhawan's movies for the PPC.
After the successes of 'Khuda Ke Liye' and 'Jannat, ' the PPC is now on the look out for acquiring talent to take it production portfolio to the next level.