Narayan Das Narang, well-known distributor, producer, and head of the film chamber, passed away early on Tuesday.

Narang, who is also the chairman of the Asian group of companies, was born on July 27, 1946. He had no enemies in the industry and it was hailed as his distinguished hallmark.

A multi-faceted personality, Narang was also a film producer, film financier, film distributor and even exhibitor. He started his career as a film financier in the 80s and has financed over 600 films across languages in a career spanning over five decades.

As a producer, some of his well-known films include Naga Chaitanya and Sai Pallavi-starrer Love Story and Lakshya among others. He had several other films in various stages of production, including Sekhar Kammula's D 46 with Dhanush, Nagarjuna's The Ghost and Sivakarthikeyan's film with KV Anudeep.

His sons Sunil Narang and Bharat Narang were renowned exhibitors and producers of Tollywood.

Actor Chiranjeevi has conveyed his condolences at the demise of the veteran producer. He said Narang has created a niche for himself with his expertise, unmatched experience and commitment. "He always stood by his words and will remain a stalwart in the film distribution sector," Chiranjeevi said.

Calling Narang a prolific figure, Mahesh Babu stated that his death was a big loss to the Telugu film industry.

Actors Pawan Kalyan, Sudheer Babu, MAA president Vishnu Manchu, the Telugu Film Chamber of Commerce and the Telangana Film Chamber of Commerce condoled Narang's death.

Narang's last rites will be held on Tuesday at 4 pm in Hyderabad. Many celebs from the Telugu film industry are expected to attend the funeral and pay their last respects.