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Sri Adhikari Brothers Television Ltd.

BSE: 530943 | NSE: SABTN |

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Series: BE | ISIN: INE416A01036 | SECTOR: Media & Entertainment

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Company History - Sri Adhikari Brothers Television
1994
 
 - The Company was incorporated on 19th December, under the Companies
 Act, 1956, as Sri Adhikari Brothers Television Network Limited
 (SABTNL).  It obtained Certificate of Commencement of Business on
 9th
 January, 1995.
 
 - The Promoters, Mr. Gautam Adhikari and Mr. Markand Adhikari, had
 original promoted a Partnership Firm under the name of Sri Adhiari
 Brothers which was incorporated in 1985.
 
 - The Company, Sri Adhikari Brothers Television Network Limited, has
 undertaken the entire business of Sri Adhikari Brothers i.e.,
 production of Television Serials through the payment of
 consideration
 of Rs.10 Lacs towards Goodwill to the Firm.
 
 - The main object of the company to carry on the business of
 producing,
 buying, selling, trading & exporting programs, for television and to
 establish links via satellites, downlink and uplink, through TVRO's,
 Reception systems.
 
 1995
 
 - The Company plans to set up a full fledged Studio for the purposes
 of
 production of Television Software.
 
 - The Company has entered into a Partnership Agreement with Mr.
 Jeetendra Kapoor and Associates under the name and style of Balaji
 Developers.
 
 - During the year Public Issue of the company is 20,00,000 No. of
 Equity Shares of Rs. 10/- each for cash at par aggregating Rs.  200
 has
 including firm allotments of 4,80,000 No. of Equity Shares of Rs.
 10/-
 each for cash at par to overseas corporate bodies aggregating Rs.
 48,00,000.
 
 1996
 
 - The Company's plans of production of films and TV programmes and
 the
 need for additional infrastructure, it has been decided to setup an
 ultra modern studio complex in Mumbai.
 
 1998
 
 - The company has entered into a joint venture with Sirasa Channel
 of
 Sri Lanka owned by the Maharaja Group.
 
 1999
 
 - During the year under review the Company launched eight new
 programmes on terrestrial channel, comprising innovative formats
 ranging from magazine shows, daily thriller in the afternoon to
 daily
 variety entertainment programmes.
 
 - The Company has decided to enter into broadcasting by starting a
 Hindi entertainment channel.  The Company is in advanced stage of
 negotiations with a foreign partner to set up a broadcasting company
 in
 a joint venture.
 
 - The Company has entered into web world by launch of its own web
 site
 www.adhikaribrothers.com.
 
 - The Company entered into an agreement with the National Securities
 Depository Limited, on 29th April, for the dematerialisation of its
 equity shares.
 
 - The company has also signed a joint venture pact with an
 Indonesian
 media company Pt Menara Media Sakti to produce 300 hours of
 television
 software in local language for broadcast in Indonesia and Far East.
 
 - Sri Adhikari Brothers Television Network (SABTNL) plans to bring
 in
 its library of over 2000 hours of progamming, valued by KPMG as
 equity
 for the new satellite channel company it proposes to launch.
 
 2000
 
 - Sri Adhikari Brothers Television Network has received the
 shareholders' nod for private placement of one million shares, with
 this, the promoters holding will dip by eight per cent, from 60 per
 cent to 52 per cent.
 
 - The company is planning to launch a Hindi entertainment channel by
 March.
 
 - Sri Adhikari Brothers Television Network Ltd has entered into a
 joint
 venture with Etiam Emedia Inc, an information technology solutions
 company from Silicon Valley, the USA, for animation software.
 
 - Sri Adhikari Brothers' Television Network (SABTN) is slated to
 launch
 its entertainment channel Sab TV by April 23.
 
 - The Board appointed Mr. Anand Pandi as Additional Director.
 
 - Sri Adhikari Brothers Network launch 20 new entertainment
 programmes
 from October on SABe TV..
 
 - The meeting of the Board of Directors of Sri Adhikari Brothers
 Television Network Ltd held on June 29, 2002 Ms Rujuta Mehendale was
 appointed as the Company Secretary of the company in place of Ms
 Shilpa Shah who was the earlier Company Secretary.
 
 -Sri Adhikari Brothers Television Network Ltd has informed that the
 Board of Directors at its meeting held on October 31, 2002 has
 accepted resignation of Mr T P Ostwal, Director of the Company.
 
 
 2003
 - the company launched its Hindi Entertainment channel SAB TV on
 SKY's DTH platform in United Kingdom  . SAB TV will be digital free
 to air 24 hours entertainment channel.
 
 2004
 
 -SAB TV inks $3 m programming pact with two international platforms,
 the US-based TV Asia and the Gulf-based Pehla network for prime time
 programming
 
 -Sri Adhikari Brothers Television Network has entered into a joint
 venture with Mumbai based Lotus Films for film production
 
 -SAB TV introduces one hour show of news, election analysis
 
 2005
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2006
 
 -Sri Adhikari Brothers - Tie-up with Sirasa TV, Sri Lanka
 
 2007
 
 -Company has Consolidates its Face value of Shares from Rs 2 to Rs
 10
 
 2010
 
 - Sri Adhikari Brothers Television Network Ltd has informed that Mr.
 Man Mohan Singh Kapur has been appointed as an Independent Director
 of the Company w.e.f. May 31, 2010.
 
 2012
 
 -HONGE JUDAA NA HUM, produced by Sri Adhikari Brothers Television
 Network Limited, starring popular TV Star Aamna Sharif and Rakesh
 Vashisth will be aired on the leading television channel SONY TV from
 September 10, 2012 at 9:00 PM (Prime Time) every Monday to Thursday.
 
 -The Company has appointed Mrs. Payal Garg as a Company Secretary and
 Compliance Officer of the Company.
 
 2013
 
 -Board recommended a Dividend @ Re. 0.60/- (Rupee Sixty Paise Only)
 per Equity share i.e. 6%.
 
 2014
 
 -Board recommended a Dividend @ Re. 0.60/- (Rupee Sixty Paise Only)
 per Equity share i.e. 6%