Rs. 1900 Turns Into Rs. 18.57 Lakh in 5 Years! Multibagger Stock Announces 1:10 Stock Split

Multibagger Alert: SABTNL, a top-performing multibagger stock, is attracting fresh interest from retail investors. Sri Adhikari Brothers Television Network (SABTNL) has already delivered jaw-dropping returns to long-term investors. The stock, which traded at just Rs. 1.90 per share in January 2021, is now hovering around Rs. 1,854 in January 2026, clocking a massive 97,478.95% return in five years.

What has further caught investors' attention is the company's latest 1:10 stock split, along with keyboard-level decisions announced on Jan 6.

Stock Split

SABTNL approves 1:10 stock split.

On January 6, the board of SABTNL approved the subdivision of equity shares. Under the proposal, one equity share of face value Rs. 10 will be split into 10 equity shares of Re. 1 each.

In an exchange filing, the company stated, "The Board of Directors has approved the subdivision/split of the existing 1 (one) equity share of face value of Rs. 10 each into 10 (ten) equity shares of face value of Re. 1 each, fully paid-up. The record date shall be decided after obtaining shareholders' approval through a postal ballot."

Alongside the stock split, the board also approved "acceptance of promoter loans up to Rs. 100 crore, with an option to convert the loans into equity shares, subject to shareholder approval. A proposal to enhance borrowing powers, allowing total borrowings of up to Rs. 500 crore Both resolutions will be placed before shareholders via a postal ballot." The exchange filing further added.

Management changes announced

Another major update was announced by the company, where the board appointed Srivatsava Sunkara as Chairperson, effective January 6, 2026. At the same time, Kiran Kumar Inampudi stepped down as chairperson but will continue as an executive director.

Rs. 1,900 investment turns into Rs. 18.57 lakh

The rise in SABTNL shares has been nothing short of extraordinary. For an investor who bought 1,000 shares in 2021, the initial investment of just Rs. 1,900 would now be worth approximately Rs. 18.54 lakh, making it a classic penny stock turned multibagger.

SABTNL share price performance

As of the close of trading on January 8, SABTNL share price stood at Rs. 1,854 on the NSE, up 4.79% in a single session. The stock in the last 5 days has jumped by 8.41%, and in the last 6 months it has gained 43.58%. In the 12-month span, the SABTNL shares rallied 60.39% and gave multibagger returns of 97,478.95%. The company's market capitalisation is around Rs. 4,700 crore as of January 8.

About Sri Adhikari Brothers Television Network

Founded in 1994 by brothers Gautam and Markand Adhikari, Sri Adhikari Brothers Television Network Ltd is a Mumbai-based media company leading the Hindi television content. The group created iconic shows such as Shrimaan Shrimati, Tu Tu Main Main and Idhar Udhar, and launched SAB TV, which was later sold to Sony in 2005.

More From GoodReturns

Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+