Sri Adhikari Brothers Television Network’s (SABTN) promoters - Ravi Gautam Adhikari and Kailashnath Markand Adhikari have pledged 30 lakh equity shares of the company which accounts for a combined 12.16% of the total number of the outstanding shares.
In a filing to the exchange, the company stated that Ravi Gautam Adhikari and Kailashnath Markand Adhikari had pledged 15 lakh shares each on August 11 and August 12, respectively. While Ravi Gautam Adhikari holds 34.25 lakh shares in the company, Kailashnath Markand Adhikari owns 34.27 lakh shares.
Sri Adhikari Brothers Television Network (SABTN) became the first television production company in India when it was listed. It has been a pioneer in the field of television programming and programme content. Presently, the company is concentrating in the area of production of television software (serials) for various popular channels such as Zee TV., EL TV., and Doordarshan.
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