Sea TV Network Ltd — Important, 28-05-2026: Company Update

SEA TV Network Limited has filed its Annual Secretarial Compliance Report. The company faced fines of approximately 0.02 Cr for delays in submitting compliance reports and another 0.01 Cr twice for late audit qualification disclosures from the previous financial year, all of which have been paid. A significant fine of 0.10 Cr for board composition issues was waived after the company clarified a reporting error. Other updates include multiple changes in independent directors and Chief Financial Officers, a switch in secretarial auditors, and a 0.51% promoter share transfer. An earlier plan for preferential equity share allotment was paused but may restart.