Reliance trims stake in Balaji Telefilms
Mumbai: Reliance Industries’ stake in Ekta Kapoor-led Balaji Telefilms dropped to 21.07% in FY25 from 24.82% a year earlier, according to the production company’s annual report. Nonetheless, Reliance Industries (RIL) remains the largest non-promoter shareholder in Balaji Telefilms. It had invested ₹413 crore in 2017 for nearly 25% stake through a preferential issue as part of its Jio content play.
The promoter group comprising Jeetendra, Shobha Kapoor, Ekta Kapoor and Tusshar Kapoor holds 32%, down from 34.21% last year. Among institutional investors, Vanderbilt University Atyant Capital Management raised its holding to 6.19% from 4.51%, Gothic Corporation to 6.68% from 4.76% and Atyant Capital India Fund to 5.77% from 4.02%.
