Sri Adhikari Brothers Television Network Limited announced a private placement to issue 6,000,000 Equity Shares and 19,000,000 Convertible Warrants on February 23, 2024. The transaction will include participation from new investors 40,00,000 Equity Shares and 1,10,00,000 Convertible Warrants to Ruani Media Service Private Limited, 1,000,000 Equity Shares and 4,000,000 Convertible Warrants to Leading Leasing Finance & Investment Company Limited and 1,000,000 Equity Shares and 4,000,000 Convertible Warrants to Sera Investments & Finance India Limited. The transaction has been approved by the shareholders of the company.