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.

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.