Sri Adhikari Brothers Television Network Limited has informed the Exchange that the Board of Directors at its meeting held on January 06, 2026, has considered and approved subdivision of 25373056 equity shares of 10 each into 253730560 equity shares of 1 each.
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The Board of Sri Adhikari Brothers Television Network Limited approved a 1:10 stock split, dividing each equity share of Rs. 10 face value into 10 shares of Rs. 1 each. Pre-split equity shares stand at 2,53,73,056, which will become 25,37,30,560 post-split, with no change in total paid-up capital of Rs. 25.37 crore. The company said the split aims to make shares more affordable for retail investors and improve liquidity. Additionally, the Board approved accepting promoter loans up to Rs. 100 crore (with an option to convert into equity), and overall borrowing powers up to Rs. 500 crore, both subject to shareholder approval. Mr. Srivatsava Sunkara was appointed as the new Chairperson, while Mr. Kiran Kumar Inampudi stepped down as Chairperson but will continue as Executive Director. All key decisions will be put to shareholders via postal ballot, with e-voting running from January 14 to February 12, 2026.
The stock split itself does not change the company's value but should improve liquidity and attract smaller retail investors. The Rs. 100 crore promoter loan with an equity conversion option could lead to share dilution if converted. Leadership transition appears smooth with no abrupt exits.