A poetic romance between Ishaan and Suman set against the concrete Bombay cityscape, opens the film. Ishaan, the only son of an affluent business family and Sunny, the grandson of the head of the business house, are being groomed to take over the work. They share a strong male bonding. Ishaan's controlled & silent strength an anchor to Sunny's flamboyant and recklessly violent streak. The business, a construction empire built by Ishaan's father Nahar Singh and Sunny's grandfather is rooted in violent and unlawful activities.

Ishaan, sheltered in comfort and security, begins to question his environment as his relationship with Suman, an idealistic young woman, opens a new world to him. As his love for her grows, so does his fear losing her. Ishaan is caught between a life steeped in violence and his love for Suman who abhors violence.

Torn by his desire to leave the world of crime, and a sense of loyalty to his father and his friend Sunny, Ishaan unwillingly gets deeper into violence, and finds himself a participant in an act of cold-blooded massacre. The image of a young girl disabled by violence haunts his conscience. His quiet but firm resolve to withdraw from the business clashes with Nahar Singh's pragmatism, to build power at any cost and to legalise crime with that power, and Sunny's refusal to release him from his oath of loyalty.

The event escalate with Ishaan's arrest, and Nahar Singh's murder. Ishaan is finally forced to make a choice between loyalty and a larger allegiance to Society and Truth.

Thakshak is a story about an individual caught in the eternal moral conflict, a choice between personal relationships and social responsibility. This conflict is manifest in Ishaan's character in the film who symbolizes the youth of today, caught in a web of personal relationships. He is beckoned to look beyond his own world by idealistic Suman. Her love gives him the strength to stand for the truth, to rise above the personal and see violence and crime in its true and ugly form garbed under the cloak of friendship and loyalty.

Starring – Ajay Devgan, Tabu, Amrish Puri, Rahul Bose, Govind Namdeo

Introducing - Nethra Raghuraman

Producer & Director - Govind Nihalani

Music Director - A.R. Rahman

Director of cinematography - Govind Nihalani

Lyrics - Mehboob, Sukhwindara Singh, Tejpal Kaur

Choreography - Saroj Khan, Raju Khan, Chinni Prakash, Ganesh Acharya, Bhushan Lakhandari, Mahesh Mehboobani

Dialogue - Kamlesh Pandey

Story & Screenplay - Govind Nihalani

Costume design - Hemant Trivedi, Neeta Lulla, Shabina Khan, Arjun Khanna, Ashley Rebello, Salim Arif, Yashodhara Roy

Publicity Design - Studio Link

Music - HMV