MUMBAI: Sri Adhikari Brothers Television Network Ltd has informed the Bombay Stock Exchange (BSE) that the members at the Extra Ordinary General Meeting (EGM) of the Company held on 7 December, inter alia, have passed the following resolutions:
Sub-division of the Nominal Value of the Equity Shares of Rs 10/- each into five Equity Shares of Rs 2 each and consequential alteration in Memorandum & Articles of Association of the Company.
Re-appointment of Markand Adhikari as vice chairman & managing director of the Company for a period of 5 years with effect from 18 August, 2005.