Balaji Telefilms, a leading Indian entertainment content provider of India, granted 14,00,000 stock options under ESOP 2017 to its eligible employees, to reward them for working hard all through the pandemic. Each stock option will be modifiable into a correspondent number of shares, with a face value of Rs 2 each, with an exercise price of Rs. 52.01 per option per share. The eligible employees can exercise these options within three years of vesting date.
Balaji Telefilms has established content-production houses across India, South Asia and the Middle East. It has successfully produced television serials, programmes and movies in Hindi as well as vernacular languages, such as Malayalam, Tamil, Telegu and Kannada. Balaji Telefilms also has the outstanding record of airing over 17,000 hours of high-quality television content, with high levels of viewership. They are also proud owners of art infrastructure, including production sets, resources, manpower and editing machines.
The Company began its operations during the year 1995–96 with a fiction thriller, Mano Ya Na Mano and Hum Paanch, which aired on Zee Tv. The promoters of Balaji Telefilms are Jeetendra Kapoor, Shobha Kapoor, Ekta Kapoor and Tusshar Kapoor. The Company has now successfully diversified into a number of channels producing a variety of content — including Balaji Motion Pictures producing movies, Alt Entertainment, Alt Digital Media, producing web series on OTT platform, Chhayabani Balaji Entertainment producing regional television serials and programmes, as well as Marinating Films (leading business in advertising agencies) and Brand Ek (the signature label of Ekta Kapoor selling exquisite jewelry and Indian ethnic wear).