GECs
SET India stakeholder Jackie Shroff says may dilute holding
NEW DELHI: The Indian and NRI shareholders may dilute their stakes further in Sony Entertainment TV (SET) India, according to one of the Indian shareholders of the company.
“I, like any other shareholder, am not averse to diluting the stake in the company in favour of the public or Sony. I have the option to do that and may exercise that right too,” Jackie Shroff, Bollywood film star and one of the Indian shareholders in SET told indiantelevision.com on the sidelines of a party hosted on Sunday by the Sahara group and politician Amar Singh here to felicitate Kapil Dev who has been declared as the Wisden’s Indian cricketer of the century.
In India, SET looks after the affairs of Sony, AXN and SET Max, distributes CNBC India and has a distribution joint venture with Discovery India.
According to Shroff, looking quite spiffy and a far cry from the character of Chunni Babu, which he ineptly essayed, in the latest blockbuster Devdas, he, however, has not made up his mind how of much of his shareholding he will dilute. He also did not spell out his personal holding in SET.
“It has been almost seven years since we made the investment in SET and naturally we would also like some good returns on it,” Shroff said in between posing with his fans for photographs, “But I must admit it has been a wise investment.”
When asked specifically whether he is aware of SET’s plans to go public in India sometime next year if the market conditions are okay, Shroff said, “I have heard something of that sort, but I don’t have any details or specific information on that aspect.”
According to the information available, the shareholding in SET India currently is as follows: Sony Pictures Entertainment, USA holds a 61 per cent equity stake, while 31 per cent is held by Indian partners and NRIs, and 8 per cent by Capital International, Japan.
In July, SET India chief executive Kunal Dasgupta had told journalists on the occasion of the launch of the Madhuri-anchored K3H that Sony Entertainment Television, part of the Japanese conglomerate Sony, was in a restructuring mode both in Singapore and India.
“We are undergoing some restructuring both in Singapore and India as part of which the Indian operation has undergone work-related changes,” Dasgupta had then told indiantelevision.com.
When he was asked to respond to the sentiment among media analysts that the changes in SET in Singapore and India may lead to an IPO in India, Dasgupta had reluctantly admitted: “At some point of time we have to bring the two entities together for valuation
Bringing the Indian and Singapore operations under one company has to be done as the Singapore SET is the broadcasting company, while SET India is the marketing, ad sales and distribution company.
Only merging the two entities will unlock the real valuation of Sony Entertainment if it wants to go in for an IPO, media analysts had opined.
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
