Ektaa R Kapoor and mother Shobha Kapoor step down as head of ALTBalaji

Indian television and film producer Ektaa Kapoor announced on social media the news that she and her mother Shobha Kapoor are stepping down from their positions at the head of their OTT company ALTBalaji. She shared a press release on her Instagram handle wishing the ALTBalaji team good luck.

Ektaa revealed that the new Chief Business Officer of ALTBalaji will be Vivek Koka. The press release mentioned, ‘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. 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.’

It also stated, ‘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 audience.’

Fans and friends reacted to Ektaa’s post. Sonam Kapoor wrote in the comments, ‘You're the best...Love you.’ Sussanne Khan also commented, ‘To greater conquests my friend full power to you and ALTBalaji to grow bigger and stronger.’