Sri Adhikari Brothers Television Network Limited has informed the Exchange regarding Resignation of Mr Kailasnath Markand Adhikari as Managing Director of the company w.e.f. November 18, 2025.
AQYLON · price
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On the reaction day the stock moved 5.9 pts more than Nifty Microcap 250 and 5.3 pts more than its TV Broadcasting & Software Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr Kailasnath Markand Adhikari has resigned as Managing Director of Sri Adhikari Brothers Television Network Limited, effective November 18, 2025. No reasons for the resignation have been disclosed in the filing. Mr Adhikari is part of the promoter family and has been a key face of the company for years. The announcement was filed via the exchange under the source listing of Aqylon Nexus Limited, suggesting possible related-entity reporting. Investors will now look for clarity on succession and interim leadership arrangements.
Loss of a promoter-family Managing Director can create uncertainty around leadership continuity and strategic direction, potentially weighing on the stock in the short term until a replacement is announced.