Bollywood star Shah Rukh Khan and wife Gauri Khan will buy 10 per cent stake in BAG Glamour, the new entity promoted by Anuradha Prasad. BAG Glamour, which will soon launch channels in the entertainment and lifestyle space, is part of the the parent company BAG Films & Media Ltd.
Sources confirmed the development adding that the actor and his spouse will hold the stake in their personal capacity.
The other investors in BAG Glamour will be India Bulls’ promoter Sameer Gehlaut, who will buy 15 per cent, Kolkata-based private investor High Growth will have 15 per cent, and the remaining 60 per cent will be held by the parent company and promoters such as Anuradha Prasad, Rajiv Shukla among others.
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