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The 92-year-old theatre stalwart died at his Pune residence on Tuesday evening after suffering a cardiac arrest.
His last rites were earlier supposed to be held on Thursday.
However, since the late actor’s son Anand Lagoo, who is in the US, will not be able to reach here on Thursday, the funeral will now be held on Friday, a family member said.
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Born in Satara in 1927 and a trained as an ENT surgeon by profession, Shriram Lagoo played an important role in the growth of theatre movement in Maharashtra and was known for his progressive and rationalist views.
After quitting practice and becoming a full-time actor, he tasted commercial success with V Shantaram’s “Pinjra” (1972).
As an actor, his roles in Marathi plays such as “Natsamrat” and “Himalayachi Saoli”, and films like “Pinjra” made him popular.
He essayed memorable roles in Bollywood films like “Ek Din Achanak”, “Gharonda”, “Muqaddar Ka Sikandar” and “Laawaris”.
He played Gopal Krishna Gokhale in Richard Attenborough’s “Gandhi”.