Scam 2010 First Look: Siddharth Bodke Plays Subrata Roy in Hansal Mehta’s Sony LIV Series

The Scam franchise is turning its attention to one of India's most prominent and controversial business figures. Sony LIV has unveiled the first look of Scam 2010: The Subrata Roy Saga, the upcoming third instalment of the franchise, with Siddharth Bodke portraying Sahara Group founder Subrata Roy. Directed by Hansal Mehta, the series is scheduled to premiere exclusively on Sony LIV in January 2027.

Produced by Birla Studios and Applause Entertainment, the new season moves away from the stock-market and stamp-paper scandals explored in the earlier instalments to examine the rise and controversies surrounding the Sahara business empire.

Siddharth Bodke takes on the role of Subrata Roy

The first-look promotional material introduces Bodke as Roy, offering a glimpse of the character and the world surrounding him. The actor's casting is a significant change of scale for the series, which now centres on a businessman whose public image, influence and corporate history made him a widely recognised figure.

Speaking about the role, Bodke described it as one of the most challenging and special experiences of his career. He said that his preparation involved looking beyond Roy's larger-than-life public image to understand the person, motivations and decisions behind it.

The actor also acknowledged the responsibility of carrying forward a franchise that already has an established identity among streaming audiences. He described working with Mehta as an important learning experience.

What is Scam 2010 about?

The new season is based on journalist Tamal Bandyopadhyay's book Sahara: The Untold Story, published by Jaico Publishing House. The book examines the growth of Sahara India Pariwar and the financial and regulatory controversies surrounding the group.

Subrata Roy built Sahara into a major business organisation with interests across several sectors. However, the group's financial dealings also became the subject of prolonged scrutiny and legal proceedings, including its dispute with the Securities and Exchange Board of India (SEBI).

That history gives the new season a different narrative canvas. Rather than focusing on a single market operation or a particular financial fraud, the story has the potential to explore the relationship between business ambition, public trust, institutional oversight and the consequences of financial controversies.

The series is a dramatic adaptation inspired by real events. Its portrayal of individuals and incidents should therefore be understood as a screen interpretation, rather than a substitute for judicial records or a factual account of every aspect of the case.

Hansal Mehta returns to the Scam franchise

Mehta's return as director is another important aspect of the announcement. The franchise began with Scam 1992: The Harshad Mehta Story, starring Pratik Gandhi, which explored the 1992 securities scam. It continued with Scam 2003: The Telgi Story, led by Gagan Dev Riar, focusing on Abdul Karim Telgi and the stamp-paper scandal.

With the third chapter, the franchise is expanding its focus to another major episode in India's financial and corporate history. The new season also gives the makers an opportunity to approach a different kind of central character: a businessman whose story involved a vast organisation, a powerful public persona and years of regulatory controversy.

When and where to watch Scam 2010?

Scam 2010: The Subrata Roy Saga is scheduled to stream exclusively on Sony LIV in January 2027. The platform's currently available promotional information confirms the month, but an exact premiere date has not yet been announced.

The Celebrity Hour Take

The most interesting question surrounding Scam 2010 is how the makers will balance the scale of Subrata Roy's business empire with the complicated history of the controversies associated with it. The earlier seasons established the franchise through stories rooted in financial systems and the people who operated within them. This chapter shifts the focus towards the making of a business empire and the scrutiny that followed.

Siddharth Bodke has a substantial challenge in portraying a figure whose public identity was already familiar to many Indians. Mehta's return also raises expectations about the storytelling approach. The series will ultimately be judged not just on its recreation of a recognisable personality, but on how carefully it handles a complex and sensitive chapter of corporate history.

Sources & Verification

The report uses Sony LIV's promotional listing for the series, the official Applause Entertainment announcement, the publisher's information about the source book, and secondary reporting published on November 2, 2026. The January 2027 premiere month is confirmed; an exact date has not been announced. The adaptation's depiction of real people and events should not be treated as a factual finding about disputed allegations.