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Broadcast Initiatives Ltd. Company History and Annual Growth Details

Our Company was promoted by Mr. Gautam Adhikari and Mr. Markand
Adhikari to carry on the business of, news gathering, news syndication,
content development, production and content management for news, news
based programmes. Our Company was incorporated as SAB Samachar
Limited on the February 04, 2004 and was granted Certificate of
Commencement of business on September 13, 2004. The name of the
company was changed to Sri Adhikari Brothers News and Television Network
Limited on July 08, 2005. The name of the Company was further changed to
Broadcast Initiatives Limited with effect from May 18, 2006.

Our Company was subsidiary of Sri Adhikari Brothers Television Network
Limited (SABTNL) by way of "control of the Board" exercised by the
management of SABTNL. An amendment was made in the Articles of
Association of our Company, by inserting Article 46 (g) whereby Sri Adhikari
Brothers Television Network Limited was empowered to control the composition
of Board of Directors of our Company; thereby making the Company a "Board
Controlled" subsidiary of SABTNL as defined in Section 4 (a) of Companies Act.
Subsequently, the clause has been deleted on adoption of new Articles as per
special resolution passed by the members of our Company in the Annual General
Meeting held on May 16, 2006. Since then, our Company has ceased to be the
subsidiary of Sri Adhikari Brothers Television Network Limited.


Year Particulars

2003-04 * Incorporation of the Company as "SAB Samachaar Limited" on February
04, 2004 in the state of Maharashtra.
2004-05 * Certificate of Commencement of business granted on September 13, 2004.
2005-06 * Name of our Company was changed to Sri Adhikari Brothers News and
Television Network Limited on July 08, 2005
* Our Company received permission dated August 23, 2005 from the Ministry of
Information & Broadcasting permitting to uplink the TV channel JANMAT (in
Hindi and English languages in digital mode) from India from INSAT-2E for a
period of 10 years.
* Obtained License from Ministry of Communication, Department of
Telecommunication Wireless Planning & Coordination Wing for establishing
communication with Insat-2E (830) up-linking of its television channel
'JANMAT' on September 23, 2005
* Our Company obtained up-linking permission for "JANMAT" dated September 29,
2005 through teleport Essel Shyam Communications Limited and MPTV result of
4.8 M Antenna in C-Band at site C-34, Sector 62, Noida from Network Operations
Control Centre, Department of Telecom, Ministry of Communications and IT,
Government of India.
* Uplinking with Insat 2E satellite on November 06, 2005.
* Trial launch of Janmat Channel on November 14, 2005
* Sri Adhikari Brothers Media Ltd. was made 100% subsidiary of our Company March
02, 2006.


-Uplinking with Insat 4A satellite

-Commercial Launch of Janmat Channel with live feeds

-Name of the Company was changed to Broadcast Initiatives Limited


-Broadcast Initiatives Limited has approved the appointment of Ms. Divya Mewani as the Company Secretary and Compliance officer of the Company.


-The Registered Office of the Company shifted to 5th Floor, HDIL Towers, Anant Kanekar Marg, Bandra East, Mumbai, Maharashtta - 400 051


-The Company appointed Mr. Bua Singh as Chairman and Director of the Company.


-The Registered office of the company has been shifted from old address to 101, Sumer Kendra Society, Pandurang Budhkar Marg, Near Doordarshan Kendra, Behind Mahindra & Mahindra Tower, Worli, Mumbai - 400013 Tel.: 022-61709777