ImportantUpdates
SABTNL reported a consolidated net loss of Rs 1.85 Cr and standalone net loss of Rs 1.84 Cr for the recent quarter, with total income at Rs 0.37 Cr.
Sri Adhikari Brothers Television Network LimitedSABTNL · Filed with the exchange
The company is divesting its 35.68% stake in subsidiary Westwind Realtors for Rs 18.20 Cr, leading to its cessation as a subsidiary.
Auditors raised a material uncertainty about the company's ability to continue as a going concern, citing high liabilities, low revenue, and ongoing losses.
Investors should note these significant financial challenges.
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