Aqylon Nexus Shareholders Approve Share Split, Capital Alteration, Loans, Borrowing Powers, and Chairperson Appointment
Aqylon Nexus Limited shareholders approved five key resolutions via postal ballot. These include a 10-for-1 share split, alteration of the MOA's capital clause, acceptance of promoter loans with conversion options, approval of borrowing powers, and appointment of Mr. Srivatsava Sunkara as Chairperson. Voting concluded on February 12, 2026.
The share split and changes in corporate structure (borrowing powers, capital clause) are significant events that can impact the company's financial strategy and market perception. Appointment of a new chairperson is also a material event.
The company successfully passed all proposed resolutions with a significant majority, indicating positive shareholder support for corporate actions including a share split and leadership changes.
Aqylon Nexus Limited (formerly Sri Adhikari Brothers Television Network Limited) announced the results of its postal ballot conducted via e-voting. All five resolutions put forth to the shareholders were duly passed with the requisite majority.
The resolutions approved include: * The sub-division/split of equity shares from a face value of ₹10 per share to ₹1 per share. * Alteration of the Capital Clause of the Memorandum of Association of the Company. * Acceptance of loans from the Promoter, including the option to convert these loans into equity shares. * Approval of the company's borrowing powers. * The appointment of Mr. Srivatsava Sunkara as the Chairperson of the company.
The remote e-voting period commenced on January 14, 2026, and concluded on February 12, 2026. The Scrutinizer's report, submitted on February 13, 2026, confirmed the passing of all resolutions. The company has completed the dispatch of the postal ballot notice electronically on January 12, 2026, to members as of January 9, 2026.
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Aqylon Nexus Limited filed this with the NSE as a statutory disclosure, categorised under shareholder meetings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Aqylon Nexus Limited. Read the original for the full detail.