Janmashtami, 2015, is a diptych that celebrates the birth of Krishna through vibrant iconography. Pic/Saffronart

Artist KG Subramanyan saw a new record set for him at an art auction last evening in Mumbai. His work, Janmashtami, went under the hammer for Rs 1.74 crore at Saffronart's evening sale of modernist works. There were 65 total lots at the sale, including works by Tyeb Mehta and Jehangir Sabavala.