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

Business
M
Moneycontrol•06-01-2026, 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.
✦
More like this
Loading more articles...





