FilingReader Intelligence
Ruani Media acquires majority stake in Sri Adhikari Brothers
August 25, 2025 at 11:40 AM UTC•By FilingReader AI
Ruani Media Service Limited acquired 150 million shares in Sri Adhikari Brothers Television Network Limited, raising its stake to 59.11% of total share capital.
The acquisition involved converting 110 million warrants into equity shares and aligns with a resolution plan under the Insolvency and Bankruptcy Code.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:SABTNL•Bombay Stock Exchange
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