Kiran Kumar Jain M. reduces stake in Raj Television Network Ltd

1 min read     Updated on 19 Jun 2026, 11:04 AM
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AI Summary

Kiran Kumar Jain M. sold 7,13,801 shares in Raj Television Network Ltd, reducing his stake from 15.19% to 13.815% on June 17, 2026. The open market sale was disclosed under SEBI takeover regulations.

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Kiran Kumar Jain M. has reduced his shareholding in Raj Television Network Ltd by selling 7,13,801 shares through an open market transaction on June 17, 2026. This disposal represents a 1.375% stake in the company, significantly altering the shareholder's ownership structure. The transaction was executed via a market sale mechanism, as detailed in the regulatory filing submitted to the exchanges.

Prior to the sale, Kiran Kumar Jain M. held a total of 78,80,570 shares, which constituted 15.19% of the company's paid-up share capital. The filing confirms that the seller does not belong to the promoter or promoter group of the target company. Following the disposal, the remaining holding stands at 71,66,769 shares, equating to 13.815% of the total voting capital.

The equity share capital and total voting capital of Raj Television Network Ltd remained unchanged at Rs. 25.96 Crores before and after the transaction. The disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The document also lists Hemeaa Kiran Kumar as a Person Acting in Concert (PAC), though no shares were disposed of by her in this specific transaction.

Shareholding Details

The following table outlines the changes in shareholding for Kiran Kumar Jain M.:

Particulars Number of Shares % of Total Share Capital
Holding Before Disposal
Shares carrying voting rights 78,80,570 15.19%
Disposal Details
Shares sold 7,13,801 1.375%
Holding After Disposal
Remaining shares 71,66,769 13.815%

The shares of Raj Television Network Ltd are listed on both the Bombay Stock Exchange Ltd. (BSE) and the National Stock Exchange India Ltd. (NSE). The disclosure was formally acknowledged and signed by Kiran Kumar Jain M. in Chennai on June 17, 2026.

Historical Stock Returns for Raj TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
+1.60%+7.83%-38.70%-70.16%-71.84%-67.51%

What are the potential strategic reasons behind Kiran Kumar Jain M.'s decision to reduce his stake at this time?

How might this significant share disposal impact the liquidity and trading volume of Raj Television Network Ltd shares?

Is there a likelihood of Hemeaa Kiran Kumar, listed as a Person Acting in Concert, altering her shareholding in the near future?

Raj TV Network Turns Profitable in FY26, Results Published in Newspapers

2 min read     Updated on 14 May 2026, 07:13 AM
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Raj Television Network turned profitable in FY26 with a net profit of ₹7,912.38 thousand against a prior-year net loss of ₹210,128.65 thousand, as the Board approved audited results on May 12, 2026. The company also appointed Sri Hari Saravana Vignesh as Content Head and published its results in Trinity Mirror and Makkal Kural on May 13, 2026, fulfilling SEBI disclosure requirements.

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Raj Television Network has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors, which met on May 12, 2026, approved the results, marking a significant turnaround for the company. In compliance with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently submitted extracts of the newspaper publications of these results to BSE Limited and the National Stock Exchange of India Limited on May 13, 2026. The results were published in "Trinity Mirror" (English) and "Makkal Kural" (Tamil) on May 13, 2026, and are also hosted on the company's website at www.rajtvnet.in .

Financial Performance Overview

The company reported a net profit of ₹7,912.38 thousand for the financial year ended March 31, 2026, compared to a net loss of ₹210,128.65 thousand in the previous year. Revenue from operations for the year stood at ₹700,452.07 thousand, down from ₹1,258,205.63 thousand in FY25. For the quarter ended March 31, 2026, the company recorded a net profit of ₹2,202.60 thousand, with revenue from operations at ₹213,234.07 thousand. The following table summarises the key annual financial metrics:

Metric: FY26 (₹ in thousands) FY25 (₹ in thousands)
Revenue from Operations: 700,452.07 1,258,205.63
Total Expenses: 694,827.73 1,508,204.27
Net Profit / (Loss): 7,912.38 (210,128.65)
Basic EPS: 0.15 (4.05)

Key Operational Highlights

The Statutory Auditors, M/s. N Naresh & Co., Chartered Accountants, issued an unmodified opinion on the audited financial results. The Board of Directors has not recommended any dividend for the quarter ended March 31, 2026. Total assets as of March 31, 2026, were reported at ₹1,706,706.57 thousand, a decrease from ₹1,895,678.15 thousand in the previous year. The company successfully reduced its total liabilities to ₹463,522.25 thousand from ₹660,407.21 thousand over the same period.

Board Appointments

In addition to the financial results, the Board appointed Mr. Sri Hari Saravana Vignesh as Content Head — Senior Management Personnel (SMP) of the company effective May 12, 2026. The appointment was based on the recommendations of the Audit Committee and Nomination Remuneration Committee. Mr. Vignesh is the son of Mr. M Ragunathan, a Promoter & Whole Time Director of the company.

Regulatory Compliance

The intimation regarding the outcome of the Board meeting was submitted to BSE Limited and the National Stock Exchange of India Limited on May 12, 2026. The newspaper publication extracts were subsequently filed on May 13, 2026, by Company Secretary & Compliance Officer Priyanka Mudaliyar, on behalf of Raj Television Network Limited. The Trading Window for dealing in the company's securities, which was closed from April 1, 2026, will reopen 48 hours after the declaration of these results.

Historical Stock Returns for Raj TV Network

1 Day5 Days1 Month6 Months1 Year5 Years
+1.60%+7.83%-38.70%-70.16%-71.84%-67.51%

Can Raj Television Network sustain its return to profitability in FY27 given that revenue from operations nearly halved in FY26 compared to FY25?

How might the appointment of Mr. Sri Hari Saravana Vignesh — son of a Promoter & Whole Time Director — as Content Head impact corporate governance perceptions among institutional investors?

What strategic initiatives is Raj Television Network pursuing to reverse the significant decline in revenue from operations and restore it closer to FY25 levels?

More News on Raj TV Network

1 Year Returns:-71.84%