Sameer Nair, who spearheaded Balaji’s release of ALTBalaji, the digital platform has stepped down from his position of CEO from Balaji. Sameer was the company’s CEO since 2014. Nair will now continue his association with the company in the capacity of an advisory.
Sameer also has a 1 percent stake in the company, which he picked up after Star India exited from the shareholding in the company in 2015. At that time, this decision freed 26 percent of the stake in Balaji.
Right now, there’s no news on who will replace Sameer. Currently, the leadership at Balaji is Ketan Gupta (COO – TV), Sanjay Dwivedi (Group CFO) and Nachiket Pantvaidya (CEO – ALTBalaji).