In 1993, Pranavam produced the Priyadarshan-directed comical family drama Mithunam starring Mohanlal and Urvashi as a newly married couple struggling to find time for each other amidst continued issues in their disorganised joint family. The film was written by Sreenivasan.[6] In the following year, Mohanlal produced and starred in Pingami, a drama thriller directed by Sathyan Anthikkad, in which he played Captain Vijay Menon who investigates the trail of a murder. Pingami was not a success in the theatres, but over the years, the film has achieved a cult following.[7] The period drama Kaalapani was released in 1996, directed by Priyadarshan. It was based on the life of Indian freedom fighters incarcerated in the Cellular Jail in the Andaman and Nicobar Islands during British Raj. With a budget of ₹2.5 crore, it was then the most-expensive Malayalam film.[8] The film won seven Kerala State Film Awards (including Second Best Film and Best Actor for Mohanlal) and four National Film Awards.
Lohithadas wrote and directed Pranavam's seventh production, Kanmadam (1998), a drama set in a remote village in Palakkad, where a stranger (portrayed by Mohanlal) reaches to hand over the belongings of a man he accidentally killed. The film was a critical and commercial success.[9] In the same year, the company produced a detective comedy, Harikrishnans, starring Mohanlal and Mammootty as two attorneys investigating a murder. The film was made on a budget of ₹2.5 crore, making it one of the most-expensive Malayalam films at the time. It was also a commercial success, becoming the highest-grossing film of the year. However, the film fell into controversy and company faced legal trouble for releasing two different endings of the film, one of them not certified by the Central Board of Film Certification, the board sent notice for violating The Cinematograph Act. Eventually, the unapproved alternate ending (in which Meera gets to marry Hari) was to be pulled off from theatres to settle the issue.[10][11]
In 1999, the company produced the action thriller Olympiyan Anthony Adam directed by Bhadran.[12] Mohanlal played Varghese Antony IPS, a cop who is tasked with investigating a terrorist attack that require him to go undercover as a physical trainer in a boarding school. The film was a moderate success at the box office. In the same year, the company co-produced the Indo-French period drama Vanaprastham directed by Shaji N. Karun and produced by Pierre Assouline. It was the second international co-production in Malayalam. The film depicted the mental agony of a Kathakali dancer, Kunjikuttan, played by Mohanlal. With a budget of ₹3.8 crore, Vanaprastham was then the most-expensive Malayalam film.[13] It was the first Indian film made in Panavision format.[14]Vanaprastham was selected at the Un Certain Regard section of the 1999 Cannes Film Festival. The film won three National Film Awards, including Best Feature Film and Best Actor for Mohanlal,[15] and six Kerala State Film Awards (including Best Director and Best Actor for Mohanlal).
After an 11 year hiatus, the company returned to production in 2010. The company's name was updated to Pranavam Arts International and co-produced the Major Ravi-directed military film Kandahar.[1][16] It was based on the hijacking of the Indian Airlines Flight 814 while en route from Kathmandu to Delhi in 1999. Amitabh Bachchan appeared in the film alongside Mohanlal, and it was his maiden Malayalam film. Kandahar was the third installment in the Major Mahadevan film series.[17] However, unlike its predecessors, the film received negative critical response and under-performed at the box office.
