Multibagger stock: Sri Adhikari Brothers Television Network share price jumped 5% to hit its upper circuit during the first trading session of the year 2026 after the company disclosed that its board of directors will consider a stock split in its upcoming board meeting, according to an exchange filing.
“To consider the proposal for sub-division/split of the equity shares of the company, in such manner, as may be determined by the Board of Directors and subject to approval of the Shareholders and such authorities,” the company informed the stock exchange through its filing.
In the BSE filing, the company also announced that the board will consider a proposal to accept loans from promoters. This proposal will also highlight that such loans will include the option to convert such loans into equity shares of the company.
Sri Adhikari Brothers will also consider and approve borrowing powers of the company, along with executing any other business operations with the permission of the chairperson.
Sri Adhikari Brothers shares hit upper circuit
Sri Adhikari Brothers shares closed 5% higher at 1,680 after Thursday’s stock market session, compared to 1,600 at the previous market session, according to the BSE data.
(This is a developing story. Please check back for updates.)
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Disclaimer: This story is for educational purposes only. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
