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Thursday, Jan 08, 2004

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Balaji Tele promoters offload 4.85 pc stake

Our Bureau

Mumbai , Jan. 7

BALAJI Telefilms Ltd has informed the National Stock Exchange that the promoters of the company, Kapoors, have sold 25,00,000 shares of the company constituting 4.85 per cent of the total equity share capital.

The promoters holding now stands at 52.95 per cent.

As per the details of the sale, Mr Jeetendra Kapoor, Chairman of the company, sold 5,00,000 shares or 0.97 per cent of the total equity and Mr Tusshar Kapoor, Chairman's son and Bollywood actor, sold 20,00,000 shares or 3.88 per cent of the total equity.

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