Sri Adhikari Brothers Shares Surge 5% After Sera Investment Reduces Stake to 18.91%

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Sri Adhikari Brothers Stock Jumps 5% as Sera Investment Sells Stake

Sri Adhikari Brothers elevates Srivatsava Sunkara as Chairperson from January 6.

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Storyboard•24-02-2026, 16:10

Sri Adhikari Brothers Stock Jumps 5% as Sera Investment Sells Stake

•Sera Investment Finance India Ltd offloaded 200,000 shares (0.80%) in Sri Adhikari Brothers Television Network Ltd (SABTNL).
•Sera Investment's stake decreased from 19.71% to 18.91% after the open market transaction.
•The sale follows the resignation of six SABTNL board members, including MD Kailasnath Markand Adhikari and Chairman Ravi Gautam Adhikari.
•Board changes are effective amid a management overhaul triggered by an ongoing open offer.
•Grow House Wealth Management Pvt Ltd initiated an open offer to acquire 13.24% of SABTNL's voting share capital.

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