Sri Adhikari Brothers Television Network Limited — Important, 20-06-2025: General Updates

Sri Adhikari Brothers Television Network Limited has received an open offer from Mr. Kurjibhai Premjibhai Rupareliya to acquire 53.46 lakh equity shares (13.24% of voting capital) at ₹10 per share, valuing the offer at ₹5.35 Cr. The acquirer has made full financial arrangements and deposited over 100% of the offer consideration in escrow. Shareholders, including those holding physical shares, can tender their equity through the stock exchange mechanism during the offer period, facilitated by designated brokers. No statutory approvals are currently pending, and payment will be made within 10 working days of tender closure.