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Sri Adhikari Brothers Television Network Ltd.

BSE: 530943 Sector: Media
NSE: SABTN ISIN Code: INE416A01036
BSE LIVE 14:55 | 18 Oct 44.50 -2.30
(-4.91%)
OPEN

44.50

HIGH

44.50

LOW

44.50

NSE 15:56 | 18 Oct 43.85 -2.30
(-4.98%)
OPEN

43.85

HIGH

43.85

LOW

43.85

OPEN 44.50
PREVIOUS CLOSE 46.80
VOLUME 425
52-Week high 303.00
52-Week low 44.50
P/E
Mkt Cap.(Rs cr) 155
Buy Price 0.00
Buy Qty 0.00
Sell Price 44.50
Sell Qty 108724.00
OPEN 44.50
CLOSE 46.80
VOLUME 425
52-Week high 303.00
52-Week low 44.50
P/E
Mkt Cap.(Rs cr) 155
Buy Price 0.00
Buy Qty 0.00
Sell Price 44.50
Sell Qty 108724.00

Sri Adhikari Brothers Television Network Ltd. (SABTN) - Chairman Speech

Company chairman speech

Dear Stakeholders

It gives me immense pleasure to interact with you once again in the Annual GeneralMeeting through the foreword to the 21st Annual Report of your Company for theyear ended 31st March 2016

During theyear the Scheme of Amalgamation and Arrangement involving the Company itssubsidiaries and its group Companies has been approved by the Hon'ble High Court of Bombayon 21st November 2015 and the Scheme became effective from 15thJanuary 2016 on filing the court order with Registrar of Companies (ROC) Pursuant to theScheme the Broadcasting business and the Publication business have been demerged from theCompany into TV Vision Ltd (TVL) and SAB Events and Governance Now Media Ltd (SABEvents) respectively

It gives me immense pleasure to say that as on record date i.e. 23rd March2016 the shareholders of the Company have now became shareholders of three companies uponallotment of shares by TVL and SAB Events TVL and SAB Events are in process of gettinglisted on Bombay Stock Exchange and National Stock Exchange The completion of the Schememade a clear demarcation in the three business verticals which are Content Broadcastingand Publication The management of all three companies is committed to work harder toenhance the value of stakeholders further

The Indian Media and Entertainment Industry size is estimated at Rs. 1157 billion in2015 with a growth of 128% over previous year and is expected to grow at a CAGR of 1430%to reach Rs. 2260 billion in 2020 The Media and Entertainment Industry is going througha phase of rapid and sustained technological innovations which are changing the consumerbehaviour The consumption of contents through the screens other than the television setsis increasing very rapidly This transformation is giving rise to the demand of qualitycontents as well as to the healthy competition Media companies are in the process ofevolving to new practices and positioning themselves to capture this growth

Increasing digitisation across sub sectors of the Media & Entertainment IndustryInnovative strategies to monetise digital content rapid growth of new Media powered byincreasing smart phone penetration are the key drivers of growth for Indian Media &Entertainment Industry in 2015 With digitisation there is an increase in localisation ofcontent as well as an increase in the offering of channels in the niche genre

Your Company has been closely monitoring the developments and is taking strategic stepsto respond positively to the changing environments The Company is evaluating variousopportunities to leverage its vast content library to take the revenue growth at a newhigh The team is working on various innovative ideas to leverage its existing contents aswell as create/acquire new contents which are to be consumed through new age mediaplatforms or through various satellite and digital channels and/or through various digitaldistribution platforms

Taking its production business a step further your Company has also forayed into movieproduction segment Your Company is in advance stage of negotiation for co-producingseries of two super hit films with limited investment exposure in association with leadingdirectors and producers of the industry In the previous yearyour Company has alsodistributed the hit film Pyaar ka Punchnama - 2 Your Company sees the movie businessmodel as a forward integration and aim to create a profitable model out of it

Company's another revenue segment of VFX and Post-production is also growing at a rapidpace During the previous year your Company has served to various clients in the segmentand to say a few it worked for feature film Tere Bin Laden-2 and produced ad-film for areputed brands

Our digital division is working towards a revenue generation model by launchingchannels on various digital platforms Your Company has initiated to create the network ofchannels on YouTube Apart from showcasing the rich content base the group's digitaldivision will also produce original content targeted at the new age viewers with a view tounderstand the patterns and create a robust business model out of it Digital media hasopened up new avenues of revenue generation of already expensed out content

Your Company with a clear cut road map is suitably poised to capitalize on theopportunities being presented We will always continue our quest for reaching leadershippositions in each of the Genre or region we represent

I would like to convey my appreciation for the support and the patience you asshareholders have extended to the Company over the years I also would like toacknowledge the contribution of the advertisers producers artists bankers employeesand all other stakeholders - withoutyour support and trust this Company would not havebeen able to deliver the quality entertainment it has always produced

With warm regards

GautamAdhikari

Chairman &Wholetime Director

Place: Mumbai

Date: 12h August 2016