Balaji Telefilms Group CEO Sunil Lulla steps down
Sunil Lulla, Group CEO of Balaji Telefilms has stepped down from his position, as per various media reports. He is reportedly still on board and serving his notice period.
His resignation comes almost after a year of his appointment. Lulla was appointed the position in May 2018, replacing Sameer Nair at that time.
As CEO of Balaji Telefilms Ltd, he was responsible for overseeing the businesses of television content, feature film content and its subscription video-on-demand platform ALT Balaji and other allied services.
Lulla had joined the television and film studio after a four-year stint with Grey Group as Chairman and Managing Director. He has over 20 years of experience, having worked with a number of businesses such as Grey Group India, Bennett & Coleman Co. Ltd., and Sony Entertainment Television to name a few.
Balaji Telefilms runs movies business under Balaji Motion Pictures, owns and operates ALTBalaji a subscription video-on-demand platform. In July 201, Mukesh Ambani's Reliance Industries had acquired 24.92 percent stake in Balaji Telefilms in a deal worth Rs 413.28 Cr.
Image Credits: afaqs.com