About TV Vision Limited

TV Vision Limited (TVVL), a Sri Adhikari Brothers enterprise, is an Indian television broadcaster focused on Free-to-Air (FTA) channels. The company is engaged in TV channel broadcasting and has sustained operations through challenging market conditions by emphasising product performance and advertiser relationships. Its flagship offerings include Mastiii (Bollywood music), Maiboli (Marathi music), and Dabangg (Bhojpuri regional entertainment), supported by distribution via MSO, DTH and cable operators in target markets.

The company operates in India with a nationwide appeal in music television through Mastiii, leadership in the Maharashtra market for Maiboli, and a strong footprint in Bhojpuri regional entertainment through Dabangg. Its registered office is located in Andheri (West), Mumbai. TV Vision Limited has three wholly owned subsidiaries and employed 39 permanent employees as of March 31, 2025.

Key Milestones of TV Vision Limited

• Listing of equity shares on BSE and NSE on September 15, 2016.
• Mastiii completed 15 years of broadcasting, maintaining industry leadership in Bollywood music.
• Maiboli completed 10 years and remains No. 1 in its genre in the Maharashtra market (Urban + Rural).
• Dabangg maintained a key position in Bhojpuri regional entertainment channels.
• The company reaffirmed its FTA broadcasting legacy in FY 2024–25.

TV Vision Limited Business Segment

The company operates a singular business segment concentrated on FTA television channel broadcasting and content distribution.

TV Vision operates in the Free-to-Air television broadcasting segment, focusing on music and regional entertainment channels. Its market coverage is pan-India, with stronghold in the Maharashtra region and Bhojpuri-speaking areas.

TV Vision Limited Key Management

• Ravi Adhikari – Chairman & Managing Director
• Santosh Thotam – Chief Financial Officer
• Shilpa Jain – Company Secretary & Compliance Officer

Latest Updates on TV Vision Limited

• Ravi Adhikari was appointed Chairman & Managing Director effective September 9, 2024; the appointment was approved via postal ballot in late 2024.
• Shareholders approved an increase in authorised share capital through the same postal ballot process in 2024 to strengthen capital base.
• Mastiii marked 15 years on air with continued leadership in Hindi music; Maiboli completed a decade retaining No. 1 Marathi music channel position; Dabangg continues its key position in Bhojpuri entertainment.
• The company reaffirmed its FTA broadcasting strategy, emphasizing stable viewership and expanding advertiser base despite market challenges.
• Management plans to explore digital media platforms and new content avenues alongside potential diversification with niche/regional channels.
• Bank loan facilities have been classified as current “Other Financial Liabilities” due to recall; a resolution plan is under consideration by banks; accounts are prepared on a going-concern basis.