Sri Adhikari Brothers Television Network Limited has issued a comprehensive postal ballot notice to shareholders, outlining five significant resolutions that will shape the company's corporate structure and financial framework. The voting period is scheduled from January 14, 2026, at 9:00 AM to February 12, 2026, at 5:00 PM, conducted exclusively through electronic means via NSDL's remote e-voting platform.

Key Resolutions and Corporate Actions

The Board of Directors, in their meeting concluded on January 6, 2026, approved the postal ballot notice covering multiple strategic initiatives. The company has set January 9, 2026, as the cut-off date for determining eligible shareholders, with voting rights proportional to their shareholding in the paid-up equity capital.

Share Subdivision and Capital Restructuring

The most significant proposal involves subdividing equity shares from a face value of ₹10 per share to ₹1 per share. This subdivision will transform the current share structure as follows:

The subdivision aims to increase investor participation and enhance liquidity by making shares more affordable for small investors. Consequently, the company seeks approval for altering the Capital Clause of the Memorandum of Association to reflect the new share structure.

Financial Restructuring and Borrowing Framework

Promoter Loan Facility

The company proposes accepting unsecured loans up to ₹100,00,00,000 from promoter Mr. Kurjibhai Premjibhai Rupareliya. This facility includes conversion options allowing the transformation of loans into equity shares under specific terms and conditions to be detailed in loan agreements.

Enhanced Borrowing Powers

To support business restructuring and expansion plans, the company seeks approval for enhanced borrowing powers up to ₹500,00,00,000. This authorization will enable borrowing from various sources including banks, financial institutions, bodies corporate, and other lenders, subject to terms and conditions determined by the Board of Directors.

Leadership Appointment

The postal ballot includes the appointment of Mr. Srivatsava Sunkara (DIN: 01725431) as Chairperson, effective January 6, 2026. Mr. Sunkara brings extensive experience across AI, FinTech, and enterprise technology ecosystems, with over 25 years of expertise in scaling global ventures and driving innovation.

Voting Process and Timeline

The company will conduct the postal ballot exclusively through electronic voting, with no physical ballot forms being distributed. Shareholders must use the NSDL e-voting platform to cast their votes during the specified period.

Key Dates and Process

• Cut-off Date: January 9, 2026
• Voting Commencement: January 14, 2026, 9:00 AM
• Voting Conclusion: February 12, 2026, 5:00 PM
• Scrutinizer: Ms. Krina Gokulkumar Shah (Membership No. A66521, CP No. 27764)

The scrutinizer will submit the results within two working days of voting conclusion, with results to be published on the company website and communicated to stock exchanges. All resolutions require requisite majority approval through the postal ballot process, with results deemed effective from the last voting date.

Source: Exclusive Content

Leading Leasing Finance and Investment Company Limited has executed another share disposal in Sri Adhikari Brothers Television Network Limited, selling 35,368 equity shares during December 31, 2025 to January 1, 2026. This marks the third consecutive transaction in the company's ongoing strategic divestment, following previous sales of 5,91,206 shares during December 19-23, 2025, and 2,69,726 shares during December 24-29, 2025.

Latest Transaction Details

The most recent share sale was conducted through open market transactions over a two-day period spanning the year-end. The transaction represents a continuation of Leading Leasing Finance's systematic reduction of its shareholding position in the entertainment sector company.

Updated Shareholding Position

Following the latest disposal, Leading Leasing Finance's ownership in Sri Adhikari Brothers Television Network has decreased to 11.29% from 11.43%, representing a reduction of 0.14 percentage points. The company now holds 28,64,730 equity shares compared to the previous holding of 29,00,098 shares.

Cumulative Disposal Summary

Across three separate transactions within a span of approximately two weeks, Leading Leasing Finance has substantially reduced its position in Sri Adhikari Brothers Television Network Limited. The total disposal demonstrates a significant strategic divestment from the target company.

Target Company Profile

Sri Adhikari Brothers Television Network Limited maintains its equity structure with 2,53,73,056 equity shares outstanding. The company operates in the entertainment sector and is listed on both BSE Limited and National Stock Exchange of India Limited.

Regulatory Compliance

Leading Leasing Finance has filed the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the latest transaction. The disclosure was submitted on January 2, 2026, confirming that the company does not belong to the promoter or promoter group of Sri Adhikari Brothers Television Network Limited. The filing ensures full compliance with substantial shareholding change requirements following the additional disposal.