Company History: 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 newsbased 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 ofAssociation 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.
Milestones
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.
2006-07 * Uplinking with Insat 4A satellite on April 30 2006. * Commercial Launch of Janmat Channel with live feeds on April 30 2006. * Our Company ceased to be subsidiary of SABTNL w.e.f. May 16 2006. * Name of the Company was changed to Broadcast Initiatives Limited on May 18 2006.
2008
-Broadcast Initiatives Limited has approved the appointment of Ms. Divya Mewani as the Company Secretary and Compliance officer of the Company w.e.f. 20th February 2008.
