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SAB Q1 net Rs 11 mn; lines up aggressive growth plans
MUMBAI: Sri Adhikari Brothers Television Network (SABTNL) has declared a six-fold increase in net profit in financial results anounced for the quarter ended 30 June 2005. Its net was Rs 10.82 million.
SABTNL also stated that it had aggressive growth plans for its production business.
Post its board of directors meeting held on 26 July, the production house plans to raise funds up to $ 15 million through FCCB/GDR’s and has also appointed former Star TV and Channel [V] hand Divya Sharman Mehta as creative director.
The approval to raise funds upto $ 15 million by issuing ADRs / GDRs / FCCBs or any other financial instrument has been given by BSE. That apart, BSE has also given its nod for the proposal to issue 12,10,500 warrants convertible into even number of equity shares at a price not less than Rs 90 per share, on preferential basis u/s 81(1A) of the Companies Act, 1956 to the core promoters of the company.
Mehta has been roped in to strengthen the creative and ideation portfolio at SABTNL.
SABTNL, in its realigned focus on the expansion of its content production, has signed an agreement with Sony Entertainment Television (SET) to supply content worth Rs 750 million and is in the process of signing several deals with mainstream and niche Hindi channels. The company has also decided to venture into telefilms, animation content and motion pictures.
Although, the company has announced that it is presently debt free with a cash surplus, the aggressive plans ahead will require intensive outlay of efforts and funds. SABTNL is in the process of sprucing up its production infrastructure which will be supported by large-scale investments, the company has said in a statement.
Recently, the company carried out its restructuring plan with the sale of the Sab TV channel and brand to the global entertainment major SET.
NEW DELHI: Hamdard Laboratories gathered a cross-section of India’s achievers in New Delhi on Friday, handing out the Hakeem Abdul Hameed Excellence Awards to figures who have left their mark across healthcare, education, sport, public service and the arts.
The ceremony, attended by minister of state for defence Sanjay Seth and senior officials from the ministry of Ayush, celebrated individuals whose work blends professional success with a sense of public purpose. It was as much a roll call of achievement as it was a reminder that influence is not measured only in profits or podiums, but in people reached and lives improved.
Among the headline awardees was Alakh Pandey, founder and chief executive of PhysicsWallah, recognised for turning affordable digital learning into a mass movement. On the sporting front, Arjuna Awardee and kabaddi player Sakshi Puniya was honoured for her contribution to the game and for pushing women’s participation onto bigger stages.
The cultural spotlight fell on veteran lyricist and poet Santosh Anand, whose songs have echoed across generations of Hindi cinema. At 97, Anand accepted the honour with characteristic humility, reflecting on a life shaped by perseverance and hope.
Healthcare honours spanned both modern and traditional systems. Manoj N. Nesari was recognised for strengthening Ayurveda’s place in national and global health frameworks. Padma shri Mohammed Abdul Waheed was honoured for his research-backed work in Unani medicine, while padma shri Mohsin Wali received recognition for his long-standing contribution to patient-centred care.
Education and social development also featured prominently. Padma shri Zahir Ishaq Kazi was honoured for decades of work in education, while former Meghalaya superintendent of Police T. C. Chacko was recognised for public service. Goonj founder Anshu Gupta received an award for his dignity-centred rural development initiatives, and the Hunar Shakti Foundation was honoured for empowering women and young girls through skill development.
The Lifetime Achievement Award went to former IAS officer Shailaja Chandra for her long career in public healthcare and governance, particularly in the traditional systems under Ayush.
Speaking at the event, Hamdard chairman Abdul Majeed said the awards were a tribute to those who combine excellence with empathy. “These awardees reflect Hakeem Sahib’s belief that healthcare, education and public service must ultimately serve humanity,” he said.
Minister Seth struck a forward-looking note, saying India’s young population gives the country a unique opportunity to become a global destination for learning, health and wellness by 2047.
The ceremony also featured the trailer launch of Unani Ki Kahaani, an upcoming documentary starring actor Jim Sarbh, set to premiere on Discovery on 11 February.
Instituted in memory of Unani scholar and educationist Hakeem Abdul Hameed, the awards have grown into a national platform that celebrates those building a more inclusive and resilient India. For one evening at least, the spotlight was not just on success, but on service with substance.
