Sri Adhikari Brothers raises authorized capital to INR 111cr

Sri Adhikari Brothers Television Network Limited approved increasing its authorized share capital from INR 48.50 crores to INR 111.00 crores.

Shareholders also approved issuing 15 million equity shares on a preferential basis and 68.02 million convertible warrants on a preferential basis. The decisions aim to strengthen the company's financial position and facilitate future growth.