Ace Indian television and film producer Ekta Kapoor, also the joint managing director and creative head of Balaji Telefilms Limited, and her mother Shobha Kapoor have stepped down from their positions as the head of Alt Balaji, the OTT wing of the company.
On Friday, Ekta shared a press release on social media making the announcement and also announced the new Chief Business Officer of Alt Balaji.
The press release statement read: “Alt Balaji, one of India's leading digital entertainment platforms, officially announced today that Ektaa R Kapoor and Shobha Kapoor have stepped down from their positions from the head of the company."
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Further, it read, “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 is pleased to announce that Vivek Koka has been appointed as the new Chief Business Officer of Alt Balaji.”
"Under Mr Koka's leadership, Alt Balaji aims to follow their footsteps and continue its strong track record of delivering high-quality, original content to its audiences," the statement added.
She captioned her post, “Good luck team #alt !!!! Will always share ur posts n lend any support needed !!! Let’s welcome the new management”
Meanwhile, several actors and public figures have extended their love for Ekta.