(SAB TV Network) on Tuesday notified the stock exchanges about a wave of top-level resignations, all effective November 18, 2025. The exits come due to a change in management and control following an open offer.

The company said Ravi Gautam Adhikari stepped down as Chairman and Non-Executive Director due to the shift in management and control triggered under Regulation 3(1) and Regulation 4 of the Sebi (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. In his resignation letter, he stated that there was no material reason for his exit beyond what was mentioned. Advertisement

Managing Director Kailasnath Markand Adhikari also resigned, with his departure effective the same day. In addition, Non-Executive Director Latasha Laxman Jadhav tendered her resignation. Independe

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