Tweak To TV Queen: Ekta Kapoor Asks Pay More From Balaji Telefilms.
Key Sentence:
- Ekta Kapoor's company has been making losses for the last seven years.
TV queen Ekta Kapoor has suffered a significant setback recently. Ekta Kapoor, joint managing director of Balaji Telefilms, had demanded an increase in her and her mother Shobha Kapoor from the company. However, the shareholders rejected the demand. Ekta Kapoor's mother, Shobha Kapoor, is the managing director of Balaji Telefilms. At the company's annual general meeting, he demanded a salary increase. The meeting was held on August 31, 2021.
55.4% votes against unity
According to Bloomberg Quint, the general meeting resulted on September 2, with 55.4% of the vote favoring Ekta Kapoor's pay hike proposal against Ekta and 56.7% against Shobha Kapoor.
Shobha Kapoor's salary is Rs 2.69 crore.
According to a Business Standard report, Shobha Kapoor was paid Rs 2.1 crore in 2021. This was 59.7 times more than the average team member of the company. In 2022, Shobha Kapoor's salary is estimated at Rs 2.69 crore.
Ekta Kapoor's salary is equal to her mother's
Ekta Kapoor's trade record of attending board meetings has been very poor, said Amit Tandon of Institutional Investor Advisory Service. In FY2021, she did not attend 50% of the board meetings. 75% have attended board meetings in the last three years. Ekta Kapoor did not get salary in FY 2021. While in 2022, his salary is Rs 2.69 crore.
Ekta did not take salaries for the employees
Ekta Kapoor and her family founded Balaji Telefilms in 1994. According to the report, the company has been running at a loss for the last 7 years. The damage caused by the corona has increased. Ekta Kapoor lost Rs 2.5 crore last year. He did not take this amount as salary to help the company's employees financially in Corona.
Source from Divyabhashkar