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Balaji Telefilms gets nod to sell 25% stake to RIL

23 Aug 2017 Evaluate

Balaji Telefilms has received its board approval for allotment of 2.52 crore equity shares to Mukesh Ambani-led Reliance Industries (RIL) for a total consideration of Rs 413.28 crore.

Earlier in July, RIL’s board approved to pick around 24.9% stake in Balaji Telefilms by acquiring 2.52 crore shares for around Rs 413 crore.

Balaji Telefilms is India’s leading integrated media conglomerate with market leadership in the motion picture and television content industries, among other entertainment-led businesses.

 

Balaji Telefilms Share Price

94.39 -0.87 (-0.91%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
PVR 938.05
Saregama India 344.55
Shemaroo Entertain. 105.35
Balaji Telefilms 94.39
UFO Moviez 72.06
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