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Sri Adhikari Brothers Television Network Ltd.

BSE: 530943 Sector: Media
NSE: SABTN ISIN Code: INE416A01036
BSE 00:00 | 20 Jul 5.74 -0.30
(-4.97%)
OPEN

6.00

HIGH

6.00

LOW

5.74

NSE 00:00 | 20 Jul 5.70 -0.30
(-5.00%)
OPEN

5.70

HIGH

5.70

LOW

5.70

OPEN 6.00
PREVIOUS CLOSE 6.04
VOLUME 9735
52-Week high 242.95
52-Week low 5.74
P/E
Mkt Cap.(Rs cr) 20
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 6.00
CLOSE 6.04
VOLUME 9735
52-Week high 242.95
52-Week low 5.74
P/E
Mkt Cap.(Rs cr) 20
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

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

Company chairman speech

Dear Shareholders

It gives me immense pleasure to interact with you once again through the 22 AnnualGeneral Meeting of the Company.

As you aware that the Group has successfully concluded the Scheme of Amalgamation andArrangement during the previous year and now SABGroup has widen its network with threelisted entities under its umbrella. Your Company always work towards value creation forits Shareholders and the scheme was one step towards the same.

In the uncertain current global economic scenario the Indian economy has been one ofthe brightest spots with an expected growth of 7.1 percent in F.Y. 2016-17 despite of theimpact of demonetisation. Further domestic consumption has remained strong accountingfor around 70 percent of the Gross Domestic Product (GDP) in F.Y. 2016-17. In F.Y.2017-18 the GDP is expected to continue to grow above 7 percent while in the long-termboth demonetisation and the Goods and Services Tax (GST) are likely to provide a boost tothe country's GDP.

Strong economic fundamentals coupled with growth in domestic consumption have alsoaided the Indian Media & Entertainment (M&E) Industry to maintain a growth of11.60 percent over the last five years. The Indian M&E Industry is projected to growat a faster pace of 14 percent over the period 2016-21 with advertising revenue expectedto increase at a Compound Annual Growth Rate (CAGR) of 15.3 percent during the sameperiod.

Sri Adhikari Brothers Group is a pioneer in the field of Indian Media and has gonethrough various stages of growth over the past 3 decades. The Company is one of the frontrunners in content creation and syndication and has then diversified its business intofilm production and distribution.

The group not only has a fair amount of experience in the production and syndication ofcontent but also has wide presence in the broadcasting sector. Currently the group hasexposure across content production & syndication broadcasting and publishing. It isin the process of setting up two state of art production studios.

Your Company is closely monitoring the developments taking place in the content spaceand taking strategic steps to respond positively to the changing environment. Also thecompany is working on various opportunities to leverage its vast content library to takethe revenue growth at a new high. The Company is regularly making investments in contentfield by acquisition of various content rights.

Your Company with a long term road map is geared up to capitalise on the opportunitiesbeing presented and will always continue our quest for reaching leadership positions ineach of the genre or region we represent. I would like to convey my gratitude to all ouremployees advertisers producers artists bankers business associates and all otherstakeholders for their contribution towards the Company's success and without your supportand trust this Company would not have been able to deliver the quality entertainment ithas always produced. I am confident that we shall successfully cross many more milestonesof success in our onward journey as we get ready to take on the next level of growth.

With warm regards

Gautam Adhikari

Chairman