GECs
Sri Adhikari Brothers Television Network board walks out
MUMBAI: The entire board of Sri Adhikari Brothers Television Network (SABTNL) resigned en masse today, casualties of a corporate takeover that swept through the Mumbai-listed broadcaster. Grow House Wealth Management, acting for Kurjibhai Premjibhai Rupareliya and Leading Leasing Finance and Investment Company, is allegedly behind the coup.
Six directors—from the chairman down—tendered their resignations within hours of each other, citing a change in management and control triggered by an open offer under India’s takeover regulations. The exodus marks a clean break between the company’s old guard and the new regime moving in.
Leading the charge out the door were Ravi Gautam Adhikari, chairman and non-executive director, and Kailasnath Markand Adhikari, managing director. Three independent directors—Pritesh Rajgor, Ganesh Prasad Raut and Umakanth Bhyravajoshyulu—followed suit, along with non-executive director Latasha Laxman Jadhav.
All six cited the same reason in near-identical letters: the change in control pursuant to an open offer under regulations 3(1) and 4 of the Securities and Exchange Board of India’s substantial acquisition and takeover rules. Each confirmed there were no other material reasons for jumping ship.
Last month Grow House Wealth Management launched an open offer to acquire up to 53,46,238 equity shares—representing 13.24 per cent of SABTNL’s emerging voting share capital. The synchronised departures leave the company scrambling to reconstitute its board and comply with listing requirements.
For investors, the question now is what Rupareliya and Leading Leasing Finance plan to do with their new prize. The old regime knew when to make a graceful exit. The new one has rather larger shoes to fill—and a broadcasting empire to run.
(Updated on 21 November at 22 hours)
MUMBAI: The entire board of Sri Adhikari Brothers Television Network has resigned en masse, casualties of a corporate takeover that swept through the Mumbai-listed broadcaster today.
Six directors—from the chairman down—tendered their resignations within hours of each other, citing a change in management and control triggered by an open offer under India’s takeover regulations. The exodus marks a clean break between the company’s old guard and whoever is taking the reins.
Leading the charge out the door were Ravi Gautam Adhikari, chairman and non-executive director, and Kailasnath Markand Adhikari, managing director. Three independent directors—Pritesh Rajgor, Dr Ganesh Prasad Raut and Umakanth Bhyravajoshyulu—followed suit, along with non-executive director Latasha Laxman Jadhav.
All six cited the same reason in near-identical letters: the change in control pursuant to an open offer under regulations 3(1) and 4 of the Securities and Exchange Board of India’s substantial acquisition and takeover rules. Each confirmed there were no other material reasons for jumping ship.
The synchronised departures leave the company scrambling to reconstitute its board and comply with listing requirements. For investors, the question now is who is taking control—and what they plan to do with their new prize.
The old regime, at least, knew when to make a graceful exit. The new one will have rather larger shoes to fill.
MUMBAI: Zee Entertainment Enterprises Limited has appointed Aparna Ramachandran as EVP and head of network digital, signalling a sharper focus on strengthening its digital and streaming ecosystem.
Ramachandran joins Zee from Balaji Telefilms, where she served as head of digital originals, leading content strategy and production for the company’s digital platforms. She announced the move on LinkedIn, marking a new chapter in her career spanning more than 15 years across media, entertainment and technology.
Her professional journey includes senior roles at Viacom18 Media, Viu, FremantleMedia, Miditech, BigSynergy, BBC Worldwide, CNBC-TV18 and Bloomberg UTV. She began her career in 2005 as a software engineer at Infosys before transitioning into media and digital content leadership.
With experience across streaming media, broadcast television, content development, digital strategy, project management and video production, Ramachandran is expected to play a key role in shaping Zee’s network-wide digital growth and content innovation.
London: Zee Entertainment has launched its flagship Zee TV as a live FAST channel on Samsung TV Plus across Germany, Austria and Switzerland, marking a first for South Asian television in Europe with round-the-clock live German subtitles.
The move takes Zee TV beyond its core diaspora audience and into the German-speaking mainstream, offering dramas, reality shows and family entertainment without subscriptions or language barriers. For FAST platforms, it sets a new benchmark in accessibility and scale.
Amit Goenka, president, international and digital businesses at Zee Entertainment, said the launch marked a turning point in the company’s global strategy.
“Zee TV Germany is a flagship launch and a defining moment in our journey to make entertainment truly borderless. By going live on Samsung TV Plus with 24/7 German subtitles, we are breaking language barriers and setting a new international benchmark for FAST streaming,” he said, adding that the partnership reflects Zee’s ambition to lead the FAST revolution through innovation and technology.
The rollout builds on the strong regional presence of Zee One and Zee5, both of which have cultivated loyal audiences across the DACH markets. The live FAST model now closes long-standing access gaps, particularly for younger diaspora viewers and first-time German-speaking audiences.
Samsung TV Plus said the partnership deepens its content portfolio in the region. Benedict Frey, country lead DACH and Benelux at Samsung TV Plus, said the addition strengthens its South Asian offering while widening appeal.
“Launching flagship Zee TV on Samsung TV Plus brings even more premium South Asian entertainment to our customers. Making this content available with live German subtitles is a meaningful step in serving diverse audiences and enriching the viewing experience,” he said.
Samsung TV Plus is Samsung’s free ad-supported streaming service, offering hundreds of live channels and on-demand titles across Samsung TVs, Galaxy devices and smart monitors.
Zee already commands a strong digital following across Germany, Austria and Switzerland, with social platforms engaging hundreds of thousands of viewers. The live FAST launch is expected to amplify reach and drive appointment viewing at scale.
Zee TV is now available exclusively on Samsung TV Plus in Germany on channel 4210. With this launch, Zee TV Germany becomes the group’s ninth channel in Europe.
The signal is clear: FAST has gone mainstream—and Zee has arrived early, translated and ready to scale.
MUMBAI: Sri Adhikari Brothers Television Network has formally adopted a new corporate identity, rechristening itself Aqylon Nexus Limited after receiving clearance from the ministry of corporate affairs.
The company has informed the Bombay Stock Exchange that the MCA has approved the change of name, with effect from January 23, 2026. The update was disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India’s Listing Obligations and Disclosure Requirements Regulations, 2015.
Confirming the approval, the company said the ministry had cleared the transition from Sri Adhikari Brothers Television Network Limited to Aqylon Nexus Limited following the necessary regulatory process.
Aqylon Nexus said it has begun the formal exercise of replacing the old name across statutory filings and regulatory records. The broadcaster added that it is coordinating with relevant authorities and departments to complete the transition.
Under Section 12 of the Companies Act, 2013, the MCA has directed the company to continue displaying its former name alongside the new one for a period of two years.
Founded in 1994 and based in Mumbai, the company has been a long-standing presence in India’s television and content ecosystem. The rebrand reflects a repositioning effort as the media and entertainment sector undergoes rapid consolidation and structural change.
The legacy name remains on paper—for now. The business, however, is clearly turning the page.
Mukesh Ambani, Larry Fink come together for CNBC-TV18 exclusive
Nielsen launches co-viewing pilot to sharpen TV measurement
Netflix celebrates a decade in India with Shah Rukh Khan-narrated tribute film
Delhivery chairman Deepak Kapoor, independent director Saugata Gupta quit board
Meta appoints Anuvrat Rao as APAC head of commerce partnerships
Brnd.me enters Europe as haircare brands power global expansion
TechnoSport taps quick commerce with launch on Slikk’s 60-minute platform
These ’90s fashion trends are making a comeback in 2017
The final 6 ‘Game of Thrones’ episodes might feel like a full season
According to Dior Couture, this taboo fashion accessory is back
The old and New Edition cast comes together to perform
Phillies’ Aaron Altherr makes mind-boggling barehanded play
Uber and Lyft are finally available in all of New York State
Disney’s live-action Aladdin finally finds its stars
Mukesh Ambani, Larry Fink come together for CNBC-TV18 exclusive
Nielsen launches co-viewing pilot to sharpen TV measurement
Netflix celebrates a decade in India with Shah Rukh Khan-narrated tribute film
Delhivery chairman Deepak Kapoor, independent director Saugata Gupta quit board
Meta appoints Anuvrat Rao as APAC head of commerce partnerships
Brnd.me enters Europe as haircare brands power global expansion
TechnoSport taps quick commerce with launch on Slikk’s 60-minute platform
-
iWorld4 days agoNetflix celebrates a decade in India with Shah Rukh Khan-narrated tribute film
-
iWorld3 months agoTips Music turns up the heat with Tamil party anthem Mayangiren
-
iWorld12 months agoBSNL rings in a revival with Rs 4,969 crore revenue
-
I&B Ministry3 months agoIndia steps up fight against digital piracy
-
MAM3 months agoHoABL soars high with dazzling Nagpur sebut
-
News Broadcasting2 months agoCNN-News18 dominates Bihar election coverage with record viewership
-
MAM3 months agoKapil Sethi joins Network18 as head of technology
-
eNews2 months agoAarohi crosses Rs 1,000 crore as women-led credit gathers pace