Click here for video.With actor Sanjay Dutt facing a possible prison term of three years following his conviction under the Arms Act in the 1993 blasts here, Bollywood stands to lose Rs 150 crore, in the form of six of his films that are on floors.Sanjay, 47, who could not really savour the success of his latest hit 'Lage Raho MunnaBhai' because of the impending verdict, was particularly careful in signing new ventures after July. Trade pundits say the actor, who was first arrested when he was playing the lead role in 'Khalnayak' a tag which shadowed him for years worked overtime to complete the pending projects as the judgement day neared. With the TADA court convicting accused number 117 today, Rs 125 crore is locked up in the following Sanjay-starrers: Ashtavinayak Films' untitled venture being directed by Abbas-Mastan; Sanjay Gupta's 'Shoot Out At Lokhandwala'; Mahindra Dhariwal's 'Nehle Pe Dehla' (post-production); David Dhawan's untitled film; and Vidhu Vinod Chopra's 'Eklavya', according to Kumar Mohan, trade analyst and editor of Complete Cinema. Another Rs 25 crore is invested in advertisements featuring Sanjay Dutt, says Mohan. While convicting Sanjay, the court extended his bail till December 18. His close friends and film producers Sanjay Gupta and Mahesh Manjrekar hope that the actor would come out clean as he had already spent a year and four months in jail earlier.Sanjay also revived his family production house Ajanta Arts but was yet to undertake new projects under the banner. Updated at 1400 hrs: Giving a mixed verdict on Bollywood actor Sanjay Dutt's alleged involvement in the 1993 Mumbai blasts, a special TADA Court in Mumbai today found him guilty of possession of illegal arms under the Arms Act but acquitted him on conspiracy and terrorism charges in the 1993 serial blasts here. This would have come as a relief to the actor since provisions of TADA Act are much more rigorous than the Arms Act. Under the Arms Act, Sanjay faces a minimum prison term of five years. "During my reasoning I have not found him (Sanjay) to be a terrorist," Judge P D Kode said in the open court. The actor was not found guilty of charges under the Terrorist and Disruptive Activities (Prevention) Act or conspiracy charges under the Indian Penal Code.Meanwhile, Sanjay Dutt's sister Congress MP Priya Dutt has said that he will apply for bail in a higher court as soon as possible.