GECs
Sahara One plans to raise up to $50 million
MUMBAI: Sahara One Media & Entertainment Ltd has plans to raise up to $50 million in one or more tranches. The board, which met on 5 April, has given the green signal to offer and allot in foreign markets equity shares or other instruments like foreign currency convertible bonds (FCCBs).
Sahara had bid around $176.25 million for the telecast rights to 25 one-day matches played by India at neutral venues for the next five years ($ 7.05 million per match). This means Sahara would have had to cough out $14.1 million for the two Indo-Pak Friendship Series matches to be held in Abu Dhabi later this month. But since Zee Telefilms bagged the rights, Sahara’s fund requirement would be less than $50 million in the immediate run.
“It is just an enabling resolution for us to raise up to $50 million. If cricket rights would have come to us, our requirement to raise money would have been more immediate. We may raise the money in tranches. We haven’t decided when and how much money we are going to raise. All this will depend on how the business rolls out for us,” said an official in the company.
Sahara has informed the BSE that its board has approved the issue, offer and allot in course of International offering, in one or more trenches and in foreign markets equity shares / preference shares / convertible debentures / convertible notes / FCCBs / secured premium notes (SPNs) and / or any securities convertible into equity shares at the option of the company and / or holder of the securities and / or securities linked to equity shares through American Depositary Receipts (ADRs) and / or Global Depositary Receipts (GDRs) up to a maximum amount of $ 50 million.”
The board has also approved the calling of Extra Ordinary General Meeting of the company on 8 May to get the consent of shareholders.
GECs
Asianet Television Awards 2026 celebrates women power in Malayalam TV
“She is the Colour” theme honours icons as ceremony airs on March 14 and 15 at 7 PM.
MUMBAI: If television lights up living rooms, this year Asianet decided to let women provide the colour. The Asianet Television Awards 2026 turned the spotlight firmly on women empowerment with the theme “She is the Colour”, celebrating the strength, resilience and achievements of women who continue to shape society and the Malayalam entertainment industry.
The ceremony honoured several distinguished personalities whose journeys have left a lasting cultural imprint. Among them was legendary playback singer Vimala Varma, widely recognised as the first Malayalam playback singer. The evening also paid tribute to Padma Shri awardees Devaki Amma and Vimala Menon for their exceptional contributions in their respective fields.
Leading women from the Malayalam film industry were also recognised during the event, including actor Shweta Menon, who currently serves as president of the Association of Malayalam Movie Artists, and National Award winning actor Surabhi Lakshmi.
The awards ceremony brought together a glittering lineup of actors and industry figures, including Jayasurya, Vijay Babu, Asha Sarath, Lena, Esther Anil, Anumol, Akhila Bhargavan, Sarayu Mohan, Prajod Kalabhavan, Gayathri Suresh, Sabumon Abdusamad, Swasika, Tini Tom, Sijoy Varghese, Kailash, Veena Nandakumar, Sabareesh Varma, Ansiba Hassan and Dinesh Prabhakar. Kishan Kumar, executive vice president Malayalam at JioStar, was also present at the event.
Beyond individual recognitions, the awards celebrated excellence across Malayalam television, acknowledging artists and technicians whose work continues to drive the industry forward.
The evening also offered plenty of spectacle, with elaborate dance performances, stunt acts and comedy skits performed by popular television and film personalities, turning the ceremony into a full fledged entertainment showcase.
Viewers will get to watch the celebrations when the Asianet Television Awards 2026 air on Asianet on March 14 and 15, Saturday and Sunday, from 7 pm onwards, bringing the star studded tribute to homes across Kerala and beyond.
