BALAJITELE

In 1994, the company was being incorporated as Balaji Telefilms Private Limited as of 10th November, at Mumbai. It was also converted into a Public Limited Company as of 29th February 2000 and soon after its name was changed to the Balaji Telefilms Ltd on 19th April 2000. The primary objective is to make Television Software that includes serials and other entertainment content. It is also being promoted by Mr. Jeetendra, Mrs. Shobha Kapoor, and Ms. Ekta Kapoor.

Some of the Milestones:

2000:
Its public issue of 28, 00,000 No. of Equity Shares of INR 10/- each issued for the cash at a premium of INR 120 per share aggregating INR 36.40 crore. The issue also includes a Book Built Portion of 25, 20,000 No. of equity shares and a Fixed Price Portion of 2, 80,000 No. of equity shares.
Also, Nine Network Entertainment India Pvt. Ltd., which is a wholly-owned subsidiary of Nine Broadcasting India Pvt. Ltd., merged with the Balaji Telefilms Ltd.
2001:
It issued and allotted 28,03,250 No. of Equity Shares of INR 10 each for cash at a premium of INR 120 per share, aggregating to INR 3645 lakhs via initial public offer.
Also, the SBI Mutual Fund acquired 5, 48,588 No. of equity shares of the company from the secondary market representing 5.32% of the equity share capital.
It has also reported a marginal rise in net profit at INR 4.35 crore for the fiscal year ended March 31, 2001, as compared to INR 4.28 crore in the previous fiscal year.
2002:
It appointed Shobha Kapoor as CEO of Balaji Telefilms.
It appointed Mr. V Devarajan as Chief Financial Officer of the company.
It informed that as a part of management restructuring exercise Mr. Rajesh Pavithran, Vice President Marketing also re-designated as Chief Operating Officer and Mr. Ajay Patadia, Company Secretary also re-designated as the President Corporate Affairs & Company Secretary.
2003: The Board also approved for the declaration of the final dividend of INR 1.50 per share and the appointment of Mr. Dhruv Khaji as the Director of the company.
2004:
The Goldman Sachs Inv. (Mauritius) Ltd. acquired shares of Balaji Telefilms.
Tusshar Kapoor & Mr. Ajay Patadia were appointed as the Additional Directors (Non-Executive) since January 23, 2004, for holding the office till the conclusion of the next Annual General Meeting of the Company.
2010: It also appointed Mr. Anurag Gupta as Chief Executive Officer.
2011:
Punyashlok Bhakta was appointed as the Chief Executive Officer of the company.
Swati Shetty was appointed as the President of the company.
Also, the board recommended a final Dividend of INR 0.20 per share.
2012: Also, the board recommended a final dividend of INR 0.20 per share.
2013: The Balaji Telefilms Ltd - Sony Music Partnered with Balaji for a 3-Film Music Deal.
2014:
Both Balaji Telefilms and Chhayabani announced their strategic partnership.
It also joined Indus Media to enter the American Television Market.

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