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Adhikari Brothers Share Price Surges on Stock Split News
1 Jan
Summary
- Share price surged 5% hitting upper circuit on January 1, 2026.
- Board will consider a stock split proposal in an upcoming meeting.
- Shareholders and authorities must approve the proposed stock split.
Sri Adhikari Brothers Television Network experienced a notable surge in its stock value on January 1, 2026, climbing 5% to reach its upper circuit. This upward movement occurred in the initial trading session of the year, reflecting investor optimism.
The company announced that its board of directors is scheduled to convene for a meeting where a significant proposal will be deliberated. The primary agenda item is the consideration of a stock split, or sub-division, of the company's equity shares.
This potential stock split is contingent upon the final determination by the Board of Directors and will require subsequent approval from the shareholders and relevant authorities. The announcement has generated considerable interest in the market as the company heads into the new year.
