Sri Adhikari Brothers Television Network Limited (Proposed to be renamed as “Aqylon Nexus Limited”) (BSE: 530943, NSE: SABTNL), has announced that it has executed a Memorandum of Understanding (“MoU”) with the Government of Telangana for the development of an AI & Hyperscale Green Data Centre Campus capacity of 50 MW in the State of Telangana.
The proposed project involves a planned investment of ₹4,000 Crores, spread across approximately 20 acres of land located at Fab City, Tukkuguda. The MoU has been executed on 9th December 2025.
Earlier, In its meeting held on November 24, 2025, the Board had discussed and proposed to establish a 50 MW AI & Green Data Centre Campus in Telangana, envisioned as a strategic sovereign compute platform. This future-ready facility is designed to accelerate India’s national AI ambitions by supporting advanced digital, defence, governance, enterprise, and archival infrastructure needs. The project signals the Company’s intent to evolve into a meaningful contributor to the country’s fast-expanding AI ecosystem
Further, in its board meeting held on 24 November, 2025, to align its identity with this technological shift, the Board has approved name change of the Company’s name from Sri Adhikari Brothers Television Network Limited to Aqylon Nexus Limited, or another name approved by the Registrar of Companies. The new name reflects a broader innovation-focused roadmap and represents its movement beyond traditional media into high-growth digital and AI-led domains
Reinforcing this direction, the Board has also approved a complete substitution of the Company’s Main Object Clause. The updated objects formally expand its scope to include the development, deployment, and commercialization of advanced technologies such as artificial intelligence, machine learning, deep learning, natural language processing, computer vision, robotics, cloud-based and SaaS solutions, and a wide range of intelligent software systems. The revised clause also empowers the Company to build AI research infrastructure, operate training and innovation hubs, collaborate with enterprises and governments, and acquire or develop related intellectual property. This modernization of its charter creates the foundation for long-term growth in high-technology sectors. All proposed changes are subject to shareholders’ approval.
