With reference to the subject captioned above, we hereby inform you that meeting of the Board of Directors of the company was held today i.e. Wednesday, 20th May, 2026 through Video Conferencing ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.8 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Sea TV Network Limited's Board approved audited standalone and consolidated financial results for Q4 and FY 2025-26 on May 20, 2026. Auditors Doogar & Associates issued a Qualified Opinion on both statements due to the company's failure to recognize interest on unsecured loans totaling Rs 69.84 lakhs for Q4 and Rs 233.14 lakhs for the full year. Management cited financial constraints and is considering loan restructuring, but no formal waiver has been executed with lenders. The auditors stated this violates Ind AS 109 requirements. Standalone revenue was Rs 692.43 lakhs with a net loss of Rs 150.04 lakhs; consolidated revenue was Rs 1,243.52 lakhs with a net loss of Rs 273.36 lakhs. The company's standalone net worth is deeply negative at Rs 4,023.89 lakhs.
The qualified audit opinion and deeply negative net worth signal significant financial distress and potential going concern risk. Shareholders should be cautious as the company faces potential accounting restatement for non-compliance with Ind AS 109.