Swaraj Paul’s company Caparo Group has acquired a television channel Sky Channel 158 .The company in a statement said that Film24 is an independent , multi platform content business producing high impact programmes and feature films.
Swaraj Paul, Shepperton Studios, where the channel is basedd have a stake in the channel. The acquired channel has been branded as Film24 now.
Caparo Group with a turnover approaching $1.5 billion has business interests in the manufacture of steel, automotive and engineered products. Group’s wider activities include material testing services, hotels, film distribution and private equity investment. At home in India Paul’s company has made investments in automotive component sector.