Krishna Shah spent years developing Shalimar, repeatedly revising a screenplay created with Stanford Sharman before mounting an ambitious Indo-American caper film with an international cast. The production was promoted as an unprecedented collaboration and was reportedly the most expensive film ever made in India at the time. Shah described it as a 'caper film to end all caper films,' but the finished movie became a spectacular commercial and critical failure. It was later ranked sixth among the ten biggest Bollywood flops of the 1970s, and the collapse reportedly discouraged Indian filmmakers from attempting comparable Hollywood collaborations for years. As with Rivals, distributors tried to recover the investment through retitling and rebranding: one reissue appeared under the decoy title Raiders of the Sacred Stone, complete with a redesigned poster. The repeated attempts to disguise the film’s identity did little to reverse its reputation or financial losses.
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