Sri Adhikari Bros. Tele Network
2,026.00
-103.20(-4.85%)
Market Cap₹5,140.58 Cr
PE Ratio-223.36
IndustryMedia
Company Performance:
1D-4.85%
1M+26.74%
6M+114.48%
1Y+244.21%
5Y+4,578.98%
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More news about Sri Adhikari Bros. Tele Network
18Nov 25
Sri Adhikari Brothers Television Network Directors Resign Following Open Offer
Sri Adhikari Bros. Tele Network announced the resignation of six key directors, including independent directors and the managing director, effective November 18, 2025. The resignations are due to management changes following an open offer. The departing directors include Mr. Pritesh Rajgor, Dr. Ganesh Prasad Raut, Mr. Umakanth Bhyravajoshyulu, Ms. Latasha Laxman Jadhav, Mr. Kailasnath Markand Adhikari, and Mr. Ravi Gautam Adhikari. The company will file necessary forms with the Registrar of Companies to process these resignations.
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13Nov 25
Sri Adhikari Bros. Tele Network Reports Profit, Seeks Approval for Key Appointments
Sri Adhikari Bros. Tele Network Limited (SABTNL) reported a profit of Rs. 1,227.04 lakhs for the half-year ended September 30, 2025, compared to a loss in the previous year. The turnaround was largely due to an exceptional gain from property sales. Revenue from operations for Q2 FY2026 was Rs. 434.28 lakhs. The company has fully repaid bank liabilities per an NCLT-approved Resolution Plan. SABTNL is seeking approval for key leadership appointments, including a new Managing Director and Executive Director. Auditors have noted concerns about the company's going concern status due to liabilities exceeding assets and negative equity.
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16Oct 25
Kurjibhai Premjibhai Rupareliya Announces Open Offer for 13.24% Stake in Sri Adhikari Brothers Television Network at ₹10 per Share
Mr. Kurjibhai Premjibhai Rupareliya and Leading Leasing Finance and Investment Company Limited have announced an open offer to acquire 13.24% (53,46,238 equity shares) of Sri Adhikari Bros. Tele Network at ₹10.00 per share. The Independent Directors Committee has deemed the offer fair and reasonable, aligning with SEBI regulations. Grow House Wealth Management Private Limited is managing the offer. Shareholders are advised to evaluate the offer independently before making a decision.
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22Aug 25
Sri Adhikari Bros. Tele Network Completes ₹18.20 Crore Stake Sale in Westwind Realtors
Sri Adhikari Bros. Tele Network Limited (SABTNL) has sold its entire 35.68% stake in Westwind Realtors Private Limited (WRPL) to Sri Adhikari Brothers Assets Holding Private Limited for ₹18.20 crore. The transaction involves the transfer of premises shares and parking spaces across three floors of the Adhikari Chambers Building in Mumbai. WRPL is no longer a subsidiary of SABTNL following this divestment. The sale was approved through a postal ballot and classified as a related party transaction. WRPL had nil turnover in the last financial year.
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14Aug 25
Sri Adhikari Bros. Tele Network Completes Resolution Plan Ahead of Schedule, Reports Q1 Results
Sri Adhikari Bros. Tele Network Limited (SABTNL) has completed its resolution plan a year ahead of schedule, paying off all financial and operational creditors. However, the company reported a net loss of ₹183.57 lacs for Q1 ended June 30, with revenue from operations declining to ₹3.47 lacs from ₹100.00 lacs in the previous year. SABTNL is focusing on collaborating with young talent and adapting to industry changes. The company has appointed a new Secretarial Auditor and approved the sale of its 35.68% stake in subsidiary Westwind Realtors Private Limited for ₹18.20 crores.
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14Aug 25
Sri Adhikari Bros. Tele Network Reports Q1 Loss, Appoints New Auditor, and Plans Subsidiary Sale
Sri Adhikari Bros. Tele Network Limited (SABTNL) reported a standalone net loss of Rs. 183.57 lakhs for Q1, compared to a profit of Rs. 6.48 lakhs in the same quarter last year. Revenue from operations declined to Rs. 3.47 lakhs from Rs. 100.00 lakhs year-over-year. The company appointed CS Krina Gokulkumar Shah as Secretarial Auditor for a five-year term, subject to shareholder approval. SABTNL plans to sell its 35.68% stake in Westwind Realtors Private Limited to Sri Adhikari Brothers Assets Holding Private Limited for Rs. 18.20 crores. The sale includes premises shares and parking spaces in Adhikari Chambers Building, Mumbai. Auditors noted material uncertainty regarding SABTNL's ability to continue as a going concern.
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Sri Adhikari Bros. Tele Network
2,026.00
-103.20
(-4.85%)
1 Year Returns:+244.21%
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