Sri Adhikari Brothers Television Network has announced comprehensive corporate decisions following its board meeting held on January 6, 2026. The company's board approved multiple resolutions covering share restructuring, financial arrangements, executive appointments, and postal ballot procedures.

Share Subdivision and Capital Structure Changes

The board has approved a share subdivision that will split existing shares from a face value of ₹10.00 to ₹1.00 per share. This 1:10 share split will increase the number of shares outstanding while reducing the individual share price proportionally.

The company stated that the split will make shares more affordable and attractive to retail investors while enhancing market liquidity. The record date for the share subdivision will be decided after obtaining shareholders' approval through postal ballot.

Financial Arrangements and Borrowing Framework

The board has sanctioned significant changes to the company's financial structure:

The promoter loans of up to ₹100.00 crores include an option for conversion into equity shares, providing flexibility in capital structure management. The borrowing limit increase to ₹500.00 crores expands the company's capacity for debt financing and growth initiatives.

Leadership Transition and Appointments

Significant leadership changes have been implemented with board approval. Srivatsava Sunkara has been appointed as the new Chairperson, effective January 6, 2026, subject to regulatory and shareholder approvals. Sunkara brings expertise in Artificial Intelligence and Large Language Models development, with proven experience in organizational transformation.

This appointment follows the resignation of Kiran Kumar Inampudi from the chairperson position on the same date. Inampudi confirmed he will continue serving as an Executive Director and stated there are no material reasons for his resignation beyond those mentioned in his resignation letter.

Postal Ballot Process and Timeline

The board has approved a postal ballot notice for shareholder approval on all major decisions. Krina Gokulkumar Shah has been appointed as Scrutinizer for the e-voting process.

The postal ballot will seek shareholder approval for the share subdivision, promoter loan acceptance, borrowing power enhancement, and chairperson appointment. The company expects to complete the share split process within two months of shareholder approval.

Sri Adhikari Brothers Television Network has entered into a strategic partnership with the Telangana Government through the execution of a Memorandum of Understanding (MoU) for a major technology infrastructure project. The agreement marks a significant diversification move for the television network company into the rapidly expanding data centre sector.

Project Details and Investment

The MoU outlines the development of a 50 MW AI and green data centre facility in Telangana, representing a substantial investment in cutting-edge technology infrastructure. The project details are as follows:

Strategic Expansion into Technology Infrastructure

This initiative represents a notable expansion for Sri Adhikari Brothers Television Network beyond its traditional television and media operations. The company's entry into the AI and green data centre space aligns with the growing demand for sustainable technology infrastructure solutions in India. The partnership with the Telangana Government provides institutional support and regulatory backing for this ambitious project.

Green Technology Focus

The emphasis on green data centre technology demonstrates the company's commitment to sustainable infrastructure development. Green data centres are designed to minimize environmental impact through energy-efficient operations and sustainable practices, making them increasingly attractive to businesses and government entities focused on environmental responsibility.

Government Partnership Benefits

The collaboration with the Telangana Government positions the project within the state's broader technology and infrastructure development initiatives. Telangana has been actively promoting technology investments and digital infrastructure projects, making it an attractive destination for such large-scale technology ventures. The government partnership is expected to facilitate regulatory approvals and provide necessary support for project implementation.