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Sri Adhikari Brothers Responds to Canara Bank’s Show Cause Notice

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Sri Adhikari Brothers Responds to Canara Bank’s Show Cause Notice

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Sri Adhikari Brothers Television Network Limited ( (IN:SABTNL) ) just unveiled an update.

Sri Adhikari Brothers Television Network Limited has clarified a recent news item regarding a Show Cause Notice issued by Canara Bank, which the company believes is based on a misunderstanding. The company challenged this notice before the National Company Law Tribunal (NCLT) and emphasized that there has been no adverse classification of its account by any bank. The situation is still in the preliminary stages, and there is no material impact on the company’s operations or performance.

More about Sri Adhikari Brothers Television Network Limited

Sri Adhikari Brothers Television Network Limited operates in the media and entertainment industry, primarily focusing on television broadcasting and content production. The company is known for producing and distributing a variety of television shows and programs, catering to diverse audience segments.

Average Trading Volume: 847

Technical Sentiment Signal: Buy

Current Market Cap: 26.21B INR

Find detailed analytics on SABTNL stock on TipRanks’ Stock Analysis page.

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