Addressing a hurriedly-called press conference in Mumbai, Khan and Farah said they had no intention to hurt the veteran actor's sentiments and they were only making a parody.
Apologising to Kumar, the Bollywood superstar said "I was completely wrong… If he is hurt, I apologise."
"I called him in the afternoon and the first thing he said to me was "it is no big deal, son", Khan said.
"People do parody… it is a done thing," Khan further said, adding Kumar had every right to say anything to him.
Khan's apology came soon after Kumar threatened to take legal action over a sequence in the hit movie, which spoofs the film world of 1970s.
Khan plays the lead role in the movie, which is his home production under the banner of Red Chillies Entertainment.
Farah said she offered to delete the particular scene from the film but the veteran actor said there was no need for it.
Shah Rukh said "I should have been over-careful… I should have called him earlier (to tell him about the spoof)."
Farah Khan, who was also present, said, "I am to blame for this. I wrote that scene."
About Kumar's remark that it was unpatriotic on OSO the producer' part to make fun of him, Shah Rukh said "I think he did not mean it. He was angry….".
Asked whether Manoj Kumar was over-reacting, he said it was not so.
"He belongs to a different era. People from that era have a different way of talking. If I were old, I would react in the same way," the younger actor said.
"His achievements are marvellous. We grew up watching his movies… I have immense respect for him", said Shah Rukh.
"Tomorrow we will go to his place and have a cup of tea," Farah said.
She said she offered to cut the scene when she called Manoj Kumar but he said there was no need.
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he does this somtime at award ceremonies, he fools around then apologises (when somone gets offend) He need to grow up.
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