MUMBAI: The heir to Subrata Roy's Sahara India empire is taking charge at the helm of the diversified group's media and entertainment arm.
Sushanto Roy in his role as Lt Thapar in Mission Fateh - the new boss takes over
The Sahara managing worker's son Sushanto Roy has taken over from Sahara India deputy director worker Sumit Roy with immediate effect, company sources say.
Initial reports indicate that Sushanta Roy will be designated CEO, media and entertainment, Sahara India. However, this is still to be confirmed.
Sumit Roy, meanwhile, is shifting base from New Delhi to the company headquarters in Lucknow. In what capacity is still to be ascertained though.
Sumit Roy - making way for the family
Sumit Roy, who joined Sahara 16 years ago, was heading the company's mainstream channel Sahara Manoranjan as well as the newly launched news channels. The first two news channels, Sahara Samay Rashtriya and Sahara Samay Uttar, launched with a bang in April this year. Set to launch in September is Sahara Samay Mumbai.
However, there is no word as of now on the six region specific channels that was slated as part of the next phase of the news channel expansion.
Sushanto Roy, based in Lucknow, has thus far kept a low profile, and was heard of only when he essayed the role of Lt Vijayant Thapar in the much hyped Sahara series on Kargil heroes, Mission Fateh , earlier this year.
Company sources, while confirming the development, said it was a decision on Subrata Roy's part and was no reflection on Sumit Roy's capabilities. According to them, the move is part of the natural succession plan that Subrata Roy has mapped out for the group.