Sri Adhikari Brothers Television Network Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
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Awaiting price reaction for this filing.
Sri Adhikari Brothers Television Network Limited (SABTNL) has completed a postal ballot conducted via remote e-voting between December 3, 2025 and January 1, 2026. All three resolutions were passed with near-unanimous approval, with 24,363,497 out of 24,363,500 votes cast in favor (96.02% of outstanding shares participated). Resolution 1 (Special) approves an amendment to the Object Clause III(A) of the Memorandum of Association, allowing the company to expand or change its permitted business activities. Resolution 2 (Special) approves a change in the company's name along with corresponding changes to its MOA and AOA. Resolution 3 (Ordinary) approves the appointment of a new statutory auditor to fill a casual vacancy caused by the resignation of the previous auditor.
Shareholders should watch for the formal new company name and any resulting change in stock symbol. The object clause amendment signals a possible pivot or diversification in business focus, and the auditor change may raise governance questions worth monitoring.