Sri Adhikari Brothers Television Network Ltd announced the resignations of Chairman Ravi Gautam Adhikari and Managing Director Kailasnath Markand Adhikari. The exits mark a significant leadership transition for the pioneering media and entertainment company, which was India’s first publicly listed television production house. The board will oversee succession planning.
Leadership exits at Sri Adhikari Brothers Television Network
Sri Adhikari Brothers Television Network Ltd (SABTNL), a prominent player in India’s media and entertainment sector, has reported that two of its senior promoter-directors have stepped down. Ravi Gautam Adhikari resigned as Chairman, while Kailasnath Markand Adhikari resigned as Managing Director. The company disclosed these changes to the stock exchanges in compliance with SEBI’s listing regulations.
Founded in 1985 by Gautam and Markand Adhikari, the group became India’s first publicly listed television production company in 1995. Over the decades, it has expanded into broadcasting, content production, and publishing. Analysts note that the resignations signal a generational shift, with the next line of leadership expected to steer the company’s future strategy amid evolving digital media trends.
Important points
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Ravi Gautam Adhikari resigns as Chairman of SABTNL
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Kailasnath Markand Adhikari steps down as Managing Director
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Company was India’s first publicly listed TV production house in 1995
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Leadership transition seen as part of generational change
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Board to oversee succession planning and continuity of operations
Sources: Business Standard, Adhikari Brothers official site, Filesure Director Insights