The High Court order came shortly after the actor was remanded to judicial custody for 14 days by a local court. He was sent to the jail at Chanchalguda here following the remand, amid tight security arrangements.
The High Court pronounced the order granting bail to Arjun while he was being taken to the jail.
The court directed the actor to cooperate with the authorities in the investigation, while granting him interim bail.
A woman died and her son was critically injured during the stampede at Sandhya Theatre during the premiere show attended by Allu Arjun.