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Sea TV Network Limited informed the Bombay Stock Exchange on September 3, 2026, that its board approved the closure of the company’s cable business operations and the surrender of its Digital Addressable System (DAS) license granted by the Ministry of Information and Broadcasting, with the license renewed on January 30, 2025, and valid until May 29, 2034, citing commercial non-viability and increasing operational challenges, with the closure expected to be completed by December 31, 2026.

SEA TV Network Limited said its board approved the closure of its Cable Business and authorized management to complete related statutory and regulatory formalities. The board also appointed M/s. Ashutosh Agarwal & Co. as the company’s Internal Auditor for the financial year 2026-27 and M/s. Sonia Rani & Associates as the scrutinizer for the upcoming Annual General Meeting, scheduled for September 28, 2026. Additionally, the board authorized investments, loans, guarantees, or security up to Rs 100 crore under Section 186 of the Companies Act, 2013, and approved the re-appointment of Mrs. Sonal Jain as a director.

Net loss of Sea TV Network reported to Rs 0.44 crore in the quarter ended June 2026 as against net profit of Rs 0.22 crore during the previous quarter ended June 2025. Sales rose 28.19% to Rs 2.41 crore in the quarter ended June 2026 as against Rs 1.88 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2.411.88 28 OPM %-12.45-46.28 - PBDT-0.310.32 PL PBT-0.440.22 PL NP-0.440.22 PL Powered by Capital Market - Live News

Sea TV Network will hold a meeting of the Board of Directors of the Company on 25 July 2026.

Net profit of Sea TV Network declined 54.84% to Rs 0.14 crore in the quarter ended March 2026 as against Rs 0.31 crore during the previous quarter ended March 2025. Sales declined 20.29% to Rs 2.79 crore in the quarter ended March 2026 as against Rs 3.50 crore during the previous quarter ended March 2025.For the full year,net profit reported to Rs 0.52 crore in the year ended March 2026 as against net loss of Rs 0.75 crore during the previous year ended March 2025. Sales declined 25.09% to Rs 8.63 crore in the year ended March 2026 as against Rs 11.52 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2.793.50 -20 8.6311.52 -25 OPM %-28.67-20.86 --30.59-30.73 - PBDT0.360.52 -31 1.050 0 PBT0.140.63 -78 0.51-0.43 LP NP0.140.31 -55 0.52-0.75 LP Powered by Capital Market - Live News