Sri Adhikari Brothers Television Network Limited — Important, 14-08-2025: Updates

The company's board approved the financial results for the quarter. It reported a standalone loss of Rs. 1.84 Cr and consolidated loss of Rs. 1.86 Cr. Auditors flagged a "material uncertainty" regarding the company's ability to continue as a going concern due to higher liabilities, low revenue, and negative equity. The company also announced selling its 35.68% stake in subsidiary Westwind Realtors Private Limited to a related party for a total consideration of Rs. 18.20 Cr. This divestment will make WRPL cease to be a subsidiary. Auditors also noted unresolved bank debt confirmations and pending tax assessments.