Mumbai: Corporate succession is often a messy affair as the examples of the Ambanis, the Bajajs or the Modis, show. Things fall apart, siblings turn rivals and businesses split. But there are also instances of smooth succession. One such instance has been in the relatively disorganised Hindi film industry.
Following the death of Yash Chopra last October, Yash Raj Films ( YRF) Studio, which was one of the few studios to have corporatised its operation, recently settled the succession issue very amicably too. Chopra’s equity stake has been equally divided between his wife Pamela and his sons Aditya and Uday.
When the company was set up, all the four got 25 per cent share each in the studio.
” They have now distributed the 25 per the company churned out such hits as Dilwale Dulhania Le Jayenge, Mohabbatein, Bunty and Babli , Chak De India , Dhoom, etc.
Aditya is the one strategising the studio’s film production, television, music videos and film distribution businesses.
But sources say there is no animosity in the family and the share distribution has the nod of all.
cent share of the late Yash Chopra among themselves. Each of the three now holds 33.33 per cent each in the company,” says a person familiar with the development.
Actually, Aditya is the man behind the rousing success of YRF Studio.
