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Balaji Telefilms
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NSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd. had informed the Exchange that SGL Entertainment Limited (part of the Star Group) had issued a notice for the termination, with effect from November 10, 2008, of sourcing of content and telecasting of the program "Kyunki Saas Bhi Kabhi Bahu Thi" (Kyunki) produced by the Company. The Company has now informed the Exchange that "Our company being of the view that the termination is in breach of contractual obligations owed by the Star Group, filed a petition in the Honble Bombay High Court". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Balaji Telefilm
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With reference to the earlier annoucement dated on October 20, 2008, regarding SGL Entertainment Ltd (part of the Star Group) had issued a notice for the termination, with effect from November 10, 2008, of sourcing of content and telecasting of the program "Kyunki Saas Bhi Kabhi Bahu Thi" (Kyunki) produced by the Company, Balaji Telefilms Ltd has now informed BSE that, the Company being of the view that the termination is in breach of contractual obligations owed by the Star Group, filed a petition in the Honble Bombay High Court inter alia seeking ad interim relief restraining the Star Group from acting pursuant to the aforementioned notice for termination pending resolution of the dispute through arbitration in the manner agreed between the Company and the Star Group. Petition filed by the Company was dismissed by a single Judge of the Bombay High Court on November 03, 2008. An appeal filed against that order was dismissed by a Division Bench of the Bombay High Court on November 07, 2008.
Consequently, Kyunki is no longer telecast on the television channel "Star Plus" and SGL Entertainment Ltd has ceased procuring content for Kyunki with effect from November 10, 2008.
Kyunki was one of the 6 programs produced by the Company (which continues to produce the other 5 programs) for the Star Group and generated significant revenues for the Company. The notice for termination pertains only to Kyunki and does not affect the other programs produced by the Company for the Star Group. Company also produces 2 programs for 9X and one for Zee TV and is also producing 2 programs that will be launched on NDTV Imagine in this quarter.
The Company continues to pursue legal remedies available to it in respect of the termination....
NSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd. has submitted to the Exchange notice of postal ballot pursuant to Section 192A of the Companies Act, 1956 read with the companies (Passing of Resolution by Postal Ballot) Rules, 2001,to transact the following special business by the members of Balaji Telefilms Limited (the “Company”) by passing resolutions through Postal Ballot :1) Special Resolution pursuant to the provisions of Section 17, 18 and other applicable provisions, if any, of the Companies Act, 1956 for alteration of object clause of Memorandum of Association of the Company. 2) Special Resolution pursuant to the provisions of Section 31 and other applicable provisions, if any, of the Companies Act, 1956 for alteration of Articles of Association of the Company. The Board of Directors has appointed Mr. Nilesh G Shah, Practising Company Secretary as Scrutinizer for conducting the Postal Ballot process. The Duly completed postal ballot form should reached the scrutinizer not later than the close of working hours on December 01, 2008. A copy of the notice of Postal Ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
BSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd has informed BSE that members of the Company will consider the resolutions by way of Postal Ballot....
NSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd. has informed the Exchange that at the meeting of the Board of Directors of the company held on October 24, 2008, the Board has accepted the resignation letters of Mr. John Lau and Mr. Paul Aiello, Directors of the Company, effective August 25, 2008. Also Ms. Ella Wong, alternate director to Mr. John Lau, would cease to be director of the Company, due to resignation of the original director. Further, Board has also approved appointment of Mr. Puneet Kinra as Group Chief Executive Officer with effect from October 15, 2008. Prior to joining Balaji, he was associated with pricewaterhousecoopers Pvt. Ltd., operating out of Bangalore....
NSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd. has submitted to the Exchange a copy of the Management Discussion and Analysis on unaudited financial results for the quarter ended September 30, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). ...
NSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd. has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 19493.14 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 4038.14 lacs for the half year ending on 30-SEP-2008....
NSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd. has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 10332.8 lacs for quarter ending on 30-SEP-2008 against Rs. 9160.34 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 1812.45 lacs for the quarter ending on 30-SEP-2008 against Rs. 2225.69 lacs for the quarter ending on 30-JUN-2008....
BSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd has submitted to BSE a copy of the Management Discussion and Analysis on unaudited financial results for the quarter ended September 30, 2008....
BSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd has informed BSE about the unaudited financial results for the Quarter ended Sep 30, 2008....
BSE Announcements on Balaji Telefilm
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Balaji Telefilms Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 24, 2008, inter alia, has accepted the resignation letters of Mr. John Lau and Mr. Paul Aiello, Directors of the Company, effective August 25, 2008. Also Ms. Ella Wong, alternate director to Mr. John Lau, would cease to be director of the Company, due to resignation of the original director.
Board has also approved appointment of Mr. Punnet Kinra as Group Chief Executive Officer with effect from October 15, 2008. Prior to joining Balaji, he was associated with Pricewaterhousecoopers Pvt. Ltd., operating out of Bangalore....
Balaji Telefilms Says Termination - A Breach Of Contractual Obligations
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confused.....where it will go and stop any guess....114..100..82...69....what next...
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Balaji Telefilms Says Termination - A Breach Of Contractual Obligations
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Guest
buy today. surely tomorrow you will get minimum 6% back
Balaji Telefilms Says Termination - A Breach Of Contractual Obligations
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GuestTracked by: 0 Boarder
buy today. surely tomorrow you will get minimum 6% back...
In reply to:
Balaji Telefilms Says Termination - A Breach Of Contractual Obligations
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zoombusiness
Balaji Telefilms Says Termination A Breach Of Contractual Obligations,Says Pursuing All Legal Remedies Available To It
Balaji Telefilms Says Termination - A Breach Of Contractual Obligations
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zoombusinessTracked by: 0 Boarder
Balaji Telefilms Says Termination A Breach Of Contractual Obligations,Says Pursuing All Legal Remedies Available To It
...
Good News at Last
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zoombusinessTracked by: 1 Boarder
Star Issues Notice To Terminate Popular Tv Serial - Kyunki Saas Bhi kabhi Bahu Thi- Balaji Telefilms Slides More Than 10 %...
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