Sri Adhikari Brothers Television Network shareholders have approved three major corporate restructuring resolutions through a postal ballot conducted via e-voting process. The results were announced on January 2, 2026, with all resolutions passing with overwhelming majority support from shareholders.

Postal Ballot Results Overview

The e-voting period ran from December 3, 2025, to January 1, 2026, under the supervision of scrutinizer CS Krina Gokulkumar Shah. The company achieved strong shareholder participation with 96.02% of total shares participating in the voting process.

Corporate Restructuring Resolutions Approved

All three resolutions were passed with near-unanimous support from shareholders. The approved measures include amendments to the company's memorandum of association, name change approval, and statutory auditor appointment.

Voting Pattern Analysis

The voting results demonstrate exceptional support across all shareholder categories. Promoter and promoter group holding 15,000,237 shares showed 99.9984% participation with unanimous approval. Public non-institutional shareholders, representing 10,372,819 shares, recorded 90.27% participation with overwhelming support for all resolutions.

Regulatory Compliance and Process

The postal ballot was conducted in accordance with Section 110 and 108 of the Companies Act, 2013, and Rule 22 of the Companies (Management and Administration) Rules, 2014. The process was supervised by CS Krina Gokulkumar Shah, who submitted the scrutinizer's report confirming the fair and transparent conduct of the e-voting process. The company dispatched the postal ballot notice on December 1, 2025, through electronic mode to all eligible shareholders whose email addresses were registered with the company or depositories.

Sri Adhikari Brothers Television Network Limited has successfully completed its postal ballot process for director appointments, with all five resolutions receiving overwhelming shareholder approval through remote e-voting conducted between December 2, 2025, and December 31, 2025.

Postal Ballot Results Overview

The company reported exceptional shareholder participation with 96.67% voter turnout from the total outstanding shares. Mr. Bhavesh Chheda, Proprietor of M/s. Bhavesh Chheda & Associates, Practicing Company Secretaries, served as the scrutinizer for the postal ballot process and submitted his report on January 2, 2026.

Director Appointment Resolutions

All five resolutions related to director appointments were passed with requisite majority, demonstrating strong shareholder confidence in the company's leadership structure.

Resolution 1: Managing Director Appointment (Ordinary Resolution)

The appointment of Mr. Srivatsava Sunkara (DIN: 01725431) as Managing Director & Key Managerial Person for a term of 5 years received approval with 24,527,934 votes in favor and only 32 votes against.

Resolution 2: Chairman Appointment (Ordinary Resolution)

The appointment of Mr. Kiran Kumar Inampudi (DIN: 01024343) as Executive Non-Independent Director and Chairman was approved with 24,527,933 votes in favor and 32 votes against.

Resolution 3-5: Independent Director Appointments (Special Resolutions)

Three Independent Director appointments were approved:

• Mr. Ramavath Suresh (DIN: 03366137) - 24,527,931 votes in favor, 34 against
• Mr. Sharath Kumar Rekhapalli Naga (DIN: 07541655) - 24,527,930 votes in favor, 35 against
• Mr. Sripal Reddy Molugu (DIN: 03642466) - 24,527,930 votes in favor, 35 against

Regulatory Compliance and Process

The postal ballot was conducted in accordance with Section 110 and 108 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company utilized National Securities Depository Limited (NSDL) services for the remote e-voting facility, ensuring transparent and secure voting process.

Managing Director Srivatsava Sunkara (DIN: 01725431) signed the official communication to stock exchanges on January 2, 2026, confirming the successful completion of all resolutions. The results have been made available on the company's website at www.adhikaribrothers.com as per regulatory requirements.