Balaji Telefilms has received approval to invest Rs 25 lakh in Trishoolin Picturez India, for 51% stake in the form of Equity Shares. Pursuant to this investment, Trishoolin Picturez India will become a Subsidiary of Balaji Telefilms. The objective of acquisition is to produce premium TV shows, Web series, shorts, documentaries and films at competitive budgets, give their directors and creators freedom, and share the founders unique vision across a variety of genres. The board of directors at their meeting held on May 20, 2022 has approved the same.
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.