Alt Balaji Media Entertainment, wholly owned subsidiary of Balaji Telefilms announced today that Ektaa R Kapoor and Shobha Kapoor have stepped down from their positions as the head of the company.
While the process of stepping down started last year, Alt Balaji now has a new team to take over. This decision is a strategic one to focus on other ventures. The company announced that Vivek Koka has been appointed as the new Chief Business Officer of Alt Balaji.
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