In 2012 it entered into exhibition sector and launched its own chain of multiplex theatres under the name Mukta A2 Cinemas, now present at 18 locations in India including one in Bahrain with 54 screens.

In 1982, Subhash Ghai formed a new independent company as Mukta Arts Private Limited and produced and directed many movies including Hero, Karma, Ram Lakhan, Saudagar, Trimurti, Khalnayak, Pardes, and Taal till 2000.

[13] In 2000, Mukta Arts Limited became first Company from the Hindi Film Industry to be listed on the stock exchanges in India.

In 2003, it produced low budget movies under the banner of Mukta searchlight films including Iqbal, Joggers Park, Rahul and Black & White.

[20] It is affiliated with TISS (Tata Institute of Social Sciences) and provides Diplomas and Degrees to students in Arts and Crafts of Cinema, Animation, Music, Fashion and Management.