Balaji Telefilms intimates on hike in promoter holding

Promoters stake goes up to 47.29% from 42.93%

Balaji Telefilms (BTL) announced that its promoters, Shobha Kapoor and Ekta Kapoor, have acquired 28,43,000 equity shares at Rs 63.60 per equity share.

Details of transaction are as below -

Prior to the acquisition, Shobha Kapoor had equity shareholding of 14% in BTL. Post acquisition of equity shares from Star Middle East FZ-LLC, the shareholding is now increased to 15.31% (99,82,462 equity shares).

Prior to the acquisition, Ekta Kapoor had equity shareholding of 20.81% in BTL. Post acquisition of equity shares from Star Middle East FZ-LLC, the shareholding is now increased to 23.87% (1,55,62,704 equity shares).

Sameer Nair, Group CEO, Balaji Telefilms has acquired 416,000 equity shares. His current holding now stands at 1.06% (692,729 equity shares).

Consequently, promoter holding in the Company has increased to 47.29% from 42.93%.

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