This media firm, whose shares rose 89,000% in last 5 years, announces 1:10 stock split
Business
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Moneycontrol06-01-2026, 18:05

Sri Adhikari Brothers Announces 1:10 Stock Split After 89,000% Surge

  • Sri Adhikari Brothers Television Network Ltd declared a 1:10 stock split, aiming to boost affordability and liquidity for investors.
  • The media firm's shares have delivered an extraordinary 89,000% return over the past five years.
  • Board approved accepting up to Rs 100 crore in promoter loans and increasing borrowing powers to Rs 500 crore.
  • Srivatsava Sunkara, an expert in AI and LLMs, was appointed Chairperson, effective January 6, 2026.
  • Company reported robust Q2FY26 financials: net profit soared 83 times to Rs 14.1 crore, revenue jumped 244.44%.

Why It Matters: Sri Adhikari Brothers splits stock after massive growth, aims for liquidity and future expansion.

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