Shobha Kapoor with Ekta Kapoor. (courtesy: ektarkapoor)

New Delhi:

Ekta Kapoor and her mom Shobha Kapoor have stepped down from their positions as the pinnacle of their OTT firm ALTBalaji. The movie producer, on Friday morning, shared a press launch on Instagram, which introduced the brand new growth, calling the choice “strategic.” Vivek Koka has been appointed as the brand new Chief Business Officer of ALTBalaji. The title of the press launch learn: “ALTBalaji Announces New Chief Business Officer, As Ektaa R Kapoor And Shobha Kapoor Step Down.” The assertion learn: “ALTBalaji, 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.”

The assertion learn, “While the process of stepping down started last year, ALTBalaji 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 ALTBalaji.”

“Under Mr Koka’s leadership, ALTBalaji aims to follow their footsteps and continue its strong track record of delivering high-quality, original content to its audiences,” the assertion learn.

Ekta Kapoor accompanied the publish with a caption that learn: “Good luck team alt! Will always share your posts and lend any support needed. Let’s welcome the new management.”

Read Ekta Kapoor’s assertion right here:

Sonam Kapoor, who starred in Ekta Kapoor’s Veere Di Wedding, wrote: “You’re the best…Love you.” Sussanne Khan, who occurs to be a pal of Ekta Kapoor, commented: “To greater conquests my friend full power to you and ALTBalaji to grow bigger and stronger.”

Ekta Kapoor is an Indian tv and movie producer. She is the joint managing director and artistic head of Balaji Telefilms Limited, which produces a lot of the Indian tv cleaning soap operas.

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