Markand Adhikari has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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Awaiting price reaction for this filing.
Markand Adhikari, on behalf of the Promoter and Promoter Group of Sri Adhikari Brothers Television Network Limited (SABTNL), has filed a mandatory annual declaration with BSE and NSE. As of March 31, 2025, the Promoter Group along with Persons Acting in Concert holds 1,50,26,818 equity shares, of which only 20,528 shares are pledged. The promoter group has confirmed that no new encumbrances (pledges or charges) were created on their shares during FY2024-25, other than those already disclosed earlier. The list of promoters and PACs includes the Adhikari family members and three group entities (Prime Global Media, Global Showbiz, and Ruani Media Service).
This is a routine compliance filing and not a material event for shareholders. The negligible pledge level (about 0.14% of promoter holding) and confirmation of no fresh encumbrances signal stability in the promoter group's position, with no immediate risk to shareholding structure.