Multibagger Stock Sri Adhikari Brothers to Split 1:10 After 89,000% Return

• Sri Adhikari Brothers Television Network announced a 1:10 stock split, dividing each ₹10 face value share into 10 shares of ₹1.
• The small-cap media company has delivered an 89,000% multibagger return to investors over the last five years.
• Shareholder approval is pending via postal ballot for the stock split and a ₹100 crore promoter loan with equity conversion option.
• The split aims to reduce share price, increase accessibility for retail investors, and boost market liquidity.
• Company reported strong Q3 results with standalone net profit soaring 83 times to ₹14.1 crore year-on-year.

Why It Matters: Sri Adhikari Brothers announced a 1:10 stock split and a promoter loan, following massive 89,000% returns.