Sri Adhikari Brothers Television Network Limited — Board Meeting, 14-06-2025: Outcome of Board Meeting

Sri Adhikari Brothers Television Network has announced a board meeting on key corporate updates. Bhawna Saunkhiya joins as Company Secretary and Compliance Officer. The board approved increasing authorized share capital from Rs.48.5 Cr to Rs.111 Cr, pending shareholder nod. They greenlit a private placement to raise funds by issuing 1.5 crore equity shares and 6.8 crore convertible warrants at Rs.10 each. Promoter Ruani Media Service Limited will sell its 59.12% stake (1.5 crore shares) to Kurjibhai Rupareliya, signaling a major ownership shift. An EGM will finalize approvals.