Sri Adhikari Brothers Television Network Limited — Board Meeting, 14-08-2025: Outcome of Board Meeting

Sri Adhikari Brothers Television Network announced a board meeting where they approved the consolidated financial results for the quarter ended June 30, 2025, reporting a total income of ₹0.37 Cr and a net loss of ₹1.85 Cr.

The Board also approved the appointment of CS Krina Gokulkumar Shah as Secretarial Auditor for five years. A significant strategic move includes the sale of the company's 35.68% stake in subsidiary Westwind Realtors Private Limited (WRPL) to Sri Adhikari Brothers Assets Holding Private Limited for a total of ₹18.2 Cr. WRPL, which contributed NIL to company revenue/net worth, will cease to be a subsidiary by August 31, 2025. Auditors highlighted concerns about the company's going concern status.