Balaji Telefilms approves stock options for employees

NEW DELHI: Balaji Telefilms has granted 14 lakh stock options under ESOP to its eligible employees. Each stock option is convertible into an equivalent number of shares of face value of Rs 2 each with an exercise price of Rs 52.01 per option per share.

Employees will be able to exercise this option within three years from the vesting date.

Amid such uncertain times, Balaji Telefilms has taken a step forward to reward its employees.

Ekta Kapoor-led Balaji Telefilms is one of the largest content production houses across India, South Asia, southeast Asia and the Middle East, delivering Hindi and regional content. It has created several iconic serials such as Mano Ya Na Mano, Hum Paanch, Itihaas, Koshish… Ek Aasha, Koi AaneKoHai , Kkusum … EkAamLadki Ki Kahani, Kyunkii… SaasBhiKabhiBahuThi, KahaaniGharGharKii and KasautiiZindagii Kay, to name a few.

It has produced over 17,000 hours of television content and has state of the art infrastructure including production sets, resources, manpower and editing machines, allowing it to continuously produce high quality shows.

Promoted by Jeetendra Kapoor, Shobha Kapoor, Ekta Kapoor and Tusshar Kapoor, the company has further diversified into Balaji Motion Pictures, Alt Entertainment, Alt Digital Media, Chhayabani Balaji Entertainment, Marinating Films, Brand Ek.