Hey again ApoorvaJ,
Thank you for the clarification, I did overlook the fact your scene was fully dynamic. It does seem like you have found an important bug here.
I am going to enter a bug report for this issue, and if you have the simple blueprint and mesh that I could attach for testing of the bug report, that would help get a fix implemented.
You can try attaching the Blueprint and Mesh here on the AnswerHub, but if the file size is too large you can provide me with an external link to where you uploaded the file, and provide me with the link via Private Message on the Forums.
Thank you for taking the time to report this issue and let us know if you have any other questions or comments.
Cheers,