Sri Adhikari Brothers Television Network Limited — Important, 14-06-2025: General Updates

Sri Adhikari Brothers Television Network is undergoing a change of control as Mr. Kurjibhai Premjibhai Rupareliya and PAC plan to acquire up to 53.46 lakh shares at ₹10/share via an open offer. They also intend to purchase and get preferential allotment of 3 crore shares, leading to 74.31% post-issue ownership. The current promoter will exit by selling 1.5 crore shares. Total cash outflow for the open offer stands at ₹5.35 Cr. This signals a major shift in ownership structure.