MUMBAI: Sri Adhikari Brothers (SAB group) has realigned the position of Manav Dhanda as the CEO of company's broadcasting business arm -- TV Vision Ltd.
The development came after the recent board meeting of SAB group held on the 22 August, 2017 where it was noted, realignment of office of Dhanda as the CEO w.e.f from 31 August 2017, from Sri Adhikari Brothers Television Network Limited (SABTN) to its core business arm TV Vision Ltd.
Dhanda, since his appointment, has managed to create and grow an umbrella brand SAB group and has actively been overseeing its subsidiaries and its businesses in the capacity as the company’s CEO.
In the larger interest of its stakeholders, he has now been entrusted with a greater responsibility to build and strengthen the core business -- TV Vision.
In addition to the above development, the board also appointed him as the additional non-executive director of SAB events and Governance Now Media Ltd, under the umbrella brand of SAB group.
Simultaneously, Rakesh G. Jain has been appointed as the additional (Independent) director of SABTN.
SAB group vice chairman and managing director Markand Adhikari stated, “Manav has helped create a brand SAB group and contributed enormously to its growth. With our vision to expand and strengthen our broadcasting arm, we would want him to lead the broadcast business of the group i.e. TV Vision. This move has been attributed to formalise processes.”