1:10 Stock Split: Smallcap stock jumps 3% after receiving board’s approval for share split
Alex Smith
3 months ago
SYNOPSIS: Sri Adhikari Brothers approved a 1:10 stock split, promoter loans up to Rs. 100 crore with conversion option, and raised borrowing limits to Rs. 500 crore to improve liquidity and financial flexibility.
During Wednesday’s trading session, shares of a media company that operates in areas of content production and syndication of content surged nearly 4 percent on BSE, after the Board of the company approved a stock split in a 1:10 ratio and other matters.
At 10:23 a.m., shares of Sri Adhikari Brothers Television Network Limited were trading in the green at Rs. 1,751 on BSE, up by around 3 percent, compared to its previous closing price of Rs. 1,700.5, with a market cap of Rs. 4,442.8 crores.
The stock has delivered positive returns of over 45 percent in one year, while delivering around 22 percent returns in one month. In the last 5 years, the stock has delivered multibagger returns of nearly 88,783 percent.
What’s the News
As per the latest disclosures, Sri Adhikari Brothers Television Network Limited informed the stock exchanges that its Board of Directors, at a meeting held on Tuesday, 6th January 2026, approved the proposal for the sub-division (stock split) of the company’s equity shares in a 1:10 ratio.
This means that, existing 1 equity share of face value of Rs. 10 each will be subdivided into 10 equity shares of face value of Re. 1 each, fully paid-up. The record date for the stock split will be announced after receiving shareholder approval through a postal ballot.
At the same meeting, the Board also cleared a proposal to accept loans from the Promoter up to an extent of Rs. 100 crores, with an option to convert such loans into equity shares of the company. In addition, it approved an enhancement of the company’s overall borrowing limit, capping total borrowings at Rs. 500 crore.
Financials & More
Sri Adhikari Brothers reported a decline in revenue from operations, experiencing a year-on-year decrease of over 97 percent, from Rs. 1.09 crores in Q2 FY25 to Rs. 0.03 crores in Q2 FY26. Meanwhile, the company reported a net loss of Rs. 1.86 crores from a net profit of Rs. 0.05 crores over the same period.
Sri Adhikari Brothers Television Network Limited is a pioneer in the field of Indian Media, backed by one of the country’s largest content libraries of over 5,500 hours and known as the founder of the world’s most-watched humour-focused channel, SAB TV.
The company operates across content production and syndication, supplying programming to broadcasters, aggregators, and satellite networks. It also holds the distinction of being India’s first media organisation to be listed on the BSE.
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