Outcome of Board Meeting

September 18, 2026 To, To, The Manager – CRD, The Manager, BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 540081 Symbol: SABEVENTS Subject: Outcome of Board Meeting. Ref.: Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”) Dear Sir/Madam, We wish to inform you that the Board of Directors of the Company, at its Meeting held today i.e. September 18, 2026, has, pursuant to the approved Resolution Plan by the Hon'ble National Company Law Tribunal, Mumbai Bench-I (“Hon'ble NCLT”), vide its Order dated July 10, 2026 passed under Section 54L read with Section 31 of the Insolvency and Bankruptcy Code, 2016 (“IBC”) and the receipt of the certified copy of the said Order by the Company on July 21, 2026, inter alia transacted the following business: 1. Approval for Issue of Equity Shares on a preferential basis: (i) Issuance of upto 12,00,000 (Twelve lakh) Equity Shares at a price of Rs. 22.50/- (Rupees Twenty-Two and Fifty Paise only) each amounting to Rs. 2,70,00,000/- (Rupees Two Crore and Seventy Lakh only) to Sri Adhikari Brothers Assets Holdings Private Limited (Promoter category) on preferential basis pursuant to the Resolution Plan and in accordance with Chapter V of the SEBI (ICDR) Regulations, 2018, SEBI LODR Regulations, IBC and other applicable laws, rules, regulations, guidelines and circulars. (ii) Issuance of upto 73,00,000 (Seventy-Three lakh) Equity Shares at a price of Rs. 22.50/- (Rupees Twenty-Two and Fifty Paise only) each, amounting to Rs. 16,42,50,000/- (Rupees Sixteen Crores Forty-Two Lakhs and Fifty Thousand only), to Strategic Investors failing under the Public Category on preferential basis in pursuant to the Resolution Plan and in accordance with Chapter V of the SEBI (ICDR) Regulations, 2018, SEBI LODR Regulations, IBC and other applicable laws, rules, regulations, guidelines and circulars. 2. Approval for Issue of Convertible Warrants on Preferential issue: Issuance of upto 60,00,000 (Sixty lakh) Convertible Warrants at a price of Rs. 22.50/- (Rupees Twenty-Two and Fifty Paise only) each, amounting to 13,50,00,000/-(Rupees Thirteen Crore and Fifty Lakh only) to Strategic Investors failing under the Public Category on preferential basis in accordance with the Resolution Plan, Chapter V of the SEBI (ICDR) Regulations, 2018, SEBI LODR Regulations, IBC and other applicable laws, rules, regulations, guidelines and circulars. An amount equivalent to 25% of the Warrant Issue Price shall be payable at the time of subscription and allotment and the balance 75% shall be payable within a period not exceeding 18 (Eighteen) months, in one or more tranches, from the date of allotment of the Warrants, and on such other terms and conditions as approved by the Board of Directors. 3. Approval for Issue of Equity Shares to the shareholders of Sri Adhikari Brothers Digital Network Private Limited pursuant to the Scheme of Amalgamation of Sri Adhikari Brothers Digital Network Private Limited (“Transferor Company”) with the Company (“Scheme”) under the approved Resolution Plan. Issuance of 1,10,34,070 (One Crore Ten Lakh Thirty Four Thousand Seventy) Equity Shares in accordance with the share exchange ratio of 436 (Four Hundred and Thirty- Six) Equity Shares of the Company for every 100 (One Hundred) Equity Shares held by the shareholders of Sri Adhikari Brothers Digital Network Private Limited (“Transferor Company”), in accordance with the Scheme in accordance with the terms and conditions of the Pre-Packaged Insolvency Resolution Plan (“Resolution Plan”) approved by the Hon’ble NCLT. The information in connection with the Preferential Issue of Equity Shares and Convertible Warrants pursuant to Regulation 30 of SEBI LODR Regulations read with SEBI Master Circular bearing reference no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 is enclosed as Annexure 1. The Meeting of Board of Directors commenced at 05:30 P.M. and concluded at 07: 30 P.M. Kindly take the above information on record. Thanking You, Yours Faithfully, For SAB Events & Governance Now Media Limited Kailasnath Markand Adhikari Chairman & Managing Director DIN: 07009389 ANNEXURE 1 Disclosure as required under Regulation 30 of SEBI LODR read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Particulars of Equity Shares - Preferential Equity Shares - Preferential Convertible Warrants - Equity Shares pursuant to Disclosure Issue to Sri Adhikari Brothers Issue to Public Category Preferential Issue Merger Assets Holdings Private Limited Type of securities Equity Shares Equity Shares Convertible Warrants Equity Shares proposed to be issued (viz. equity shares, convertibles etc.) Type of issuance (further Issuance of Equity Shares on a Issuance of Equity Shares on a Issuance of Convertible Warrants Issuance of Equity shares public offering, rights Preferential basis in Preferential basis in accordance on a Preferential basis under pursuant to the share exchange issue, depository accordance with Chapter V of with Chapter V of the SEBI ICDR Chapter V of the SEBI ICDR ratio to the shareholders of Sri receipts (ADR/GDR), the SEBI ICDR Regulations Regulations and other Regulations and other applicable Adhikari Brothers Digital qualified Institutions and other applicable laws, applicable laws, subject to laws, subject to receipt of the Network Private Limited placement, preferential subject to receipt of the receipt of the requisite statutory requisite statutory and regulatory (“Transferor Company”) in allotment etc.) requisite statutory and and regulatory approvals, in approvals, in furtherance of the furtherance of the regulatory approvals, in furtherance of the implementation of the NCLT- implementation of the NCLT- furtherance of the implementation of the NCLT- approved Resolution Plan. approved Resolution Plan. implementation of the NCLT- approved Resolution Plan. approved Resolution Plan. Total number of Upto 12,00,000 (Twelve lakh) Upto 73,00,000 (Seventy-Three Upto 60,00,000 (Sixty Lakhs) 1,10,34,070 (One Crore Ten Lakh securities proposed to be Equity Shares are proposed to lakh) Equity Shares are Convertible Warrants having face Thirty Four Thousand Seventy) issued or the total be issued at a price of Rs. proposed to be issued at a price value of Rs. 10 (Rupees Ten only) Equity Shares pursuant to share amount for which the 22.50/- (Rupees Twenty-Two of Rs. 22.50/- (Rupees Twenty- per warrant, is proposed to be exchange ratio of 436 (Four securities to be and Fifty Paise only) each Two and Fifty Paise only) each, issued at a price of Rs. 22.50 Hundred and Thirty-Six) Equity allotted(approximately) amounting to Rs. 2,70,00,000/- amounting to Rs. 16,42,50,000/- (Rupees Twenty-Two and Fifty Shares of the Company for every (Rupees Two Crore and (Rupees Sixteen Crores Forty- Paise only) per warrant amounting 100 (One Hundred) Equity Shares Seventy Lakh only) in Two Lakhs and Fifty Thousand to Rs. 13,50,00,000 (Rupees Thirteen held by the shareholders of Sri accordance with the NCLT- only) in accordance with the Crore and Fifty Lakh only), Adhikari Brothers Digital approved Resolution Plan and NCLT-approved Resolution whereby each warrant is Network Private Limited provisions of SEBI ICDR Plan and provisions of SEBI convertible into 1(one) fully paid up (“Transferor Company”), in Regulations and other ICDR Regulations and other Equity Share of Rs. 10/- (Rupees accordance with the Scheme of applicable Regulations. applicable Regulations. Ten only) per share, in accordance Amalgamation, NCLT-approved with the NCLT-approved Resolution Plan and applicable Resolution Plan and provisions of Regulations. SEBI ICDR Regulations and other applicable Regulations. Name of the Investors Sri Adhikari Brothers Assets Enclosed as Anne [Showing first 8,000 characters — download PDF for full document]