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Sri Adhikari Brothers Television Network Limited ( (IN:SABTNL) ) has issued an announcement.
Sri Adhikari Brothers Television Network Limited has announced that shareholders have approved, via postal ballot conducted through e-voting, a comprehensive reshaping of its board and key management. The resolutions passed with the requisite majority include the appointment of Srivatsava Sunkara as Managing Director and Key Managerial Personnel, the appointment of Kiran Kumar Inampudi as Executive (Non-Independent) Director and Chairman, and the induction of three non-executive independent directors: Ramavath Suresh, Sharath Kumar Rekhapalli Naga and Sripal Reddy Molugu. The successful passage of these ordinary and special resolutions formalizes a broad leadership realignment that is likely to influence the company’s governance framework and strategic direction, signaling to stakeholders an emphasis on strengthened oversight and refreshed management at a time when governance standards in listed media companies remain under close scrutiny.
More about Sri Adhikari Brothers Television Network Limited
Sri Adhikari Brothers Television Network Limited operates in the Indian media and entertainment industry, primarily engaged in television broadcasting and related content businesses. The company focuses on producing and distributing television programming for the domestic market, leveraging its network and brand position within the broadcasting space.
Average Trading Volume: 2,711
Technical Sentiment Signal: Buy
Current Market Cap: 40.6B INR
For a thorough assessment of SABTNL stock, go to TipRanks’ Stock Analysis page.