Sri Adhikari Brothers Announces 1:10 Stock Split After 89,000% Surge in 5 Years

• Sri Adhikari Brothers Television Network announced a 1:10 stock split, dividing each Rs 10 face value share into 10 shares of Re 1 each.
• The company's shares have delivered an astounding 89,000% return over the past five years, with shares rising 1.6% to Rs 1,705 on January 6.
• The stock split aims to increase liquidity and attract more retail investors; the record date will be announced post-shareholder approval.
• The Board approved accepting a loan of up to Rs 100 crore from the promoter, convertible into equity, and increased borrowing power to Rs 500 crore.
• Q2 FY26 saw a standalone net profit of Rs 14.1 crore (83x YoY increase) and revenue growth of 244.44% to Rs 4.34 crore.

Why It Matters: Sri Adhikari Brothers' 1:10 stock split aims to boost liquidity after massive 89,000% returns.