Reply to Clarification- Financial results

July 07, 2025 The Manager, National Stock Exchange of India Limited, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051 Symbol: SABEVENTS Dear Sir/Madam, Reference: Email dated July 01, 2025 Sub: Clarification for Financial results - SABEVENTS This is with reference to your email dated July 01, 2025, we would like to inform that a note stating that ‘Financial results submitted is not as per format prescribed by SEBI Balancing figures note missing’ was inadvertently missed from the results, however, the effect of the same is given. Reply: Enclosed herewith are the revised financial results, duly incorporating the requisite note as per the format prescribed by SEBI. We sincerely regret the inconvenience caused and assure you of our commitment to maintaining accurate and compliant disclosures. You are requested to kindly take the above information on your record. We trust this clarifies the matter. Kindly take the same on your record. Thanking you, Yours faithfully, For SAB Events & Governance Now Media Limited Kailasnath Adhikari Managing Director DIN: 07009389 (Encl.: A/a) 1\1 OOVERNAN IX IL22222M1l2014P'LC2 " ... 17683 J4 32 201.111 24.10 5 III 1628 6. 0 42.79 1946 11175 1599 7629 779 001 001 001 003 63 I 50 2018 20.16 7981 8017 21 \I 206') 28.57 8600 10173 Total Expenditure la.b>o. d+0 +1) 87.11 64.80 81.02 288.62 307.27 3 ProntIlLo ..) boforo Exooptlooallto .... a. 130.17) 20.05 0.11" (73.81) (106.12) Tax (1·2) Exooptlonal Itom. Prior P dod rxpenIC Pront/(Lo ..) bofor Tax (3.4) 130.17) 20.05 0.84 (73.81' (106.12) 6 Tax Expon.co I) In om Till< II) Shon / IJ:XCe8 In ome UlX of prrvioul 020 319 020 319 yton IiI)MAT Credit IJ:nutlem nl Iv) D fcrr d T 7 Not ProntIlLo ..) after tax (15.6) (29.96) 20.05 (2.36) (73.61) (109.31) 8 Other Comprcbcnllvo Incom I Item. that will not bo reolaoalned to pront or 10 •• (oet of tax) : o)Chnngc In rolr volue or bqult,)' Instrum ntB b)R me surement of IJ:mployec bonents (1.13) 0.80 11.13) 0.80 ol>ligallons Other Compreh nsiv In omc Ilems IhLll \Viii be rcclo8sifi d to Profit or los8 9 Total Comprohenolvo looomo 17+8) 31.10 20.015 (1.155) 74.74) 1108.151, !'oid up Equity Share Capitol (I' c Volue 1.048.37 1,048.37 1,048.37 1.048.37 1,048.37 II O1~8 lh. 1 r0 E/· q) u llV 11,247.64) (1.172.90) (1,247.64) (1,172.90) 12 Eunlnl Per .h .... lEN, 00 I 10.29) 0.19 10.02) 10.70) (104) Dlluled 0.29) 0.19 10.02) (0.70) (104) SAD EVENTS & GOVERNANCE NOW MEDIA LIMITED cnr:L22222~014PLC254848 Reed. om",,: 7th Fl_,AdhIIcari Ch. ..t >e ....O beroj Complex.New Unk Rood,Andheri 1w).Mumbai 400 053. Tel. : 022·4023 0673/022·40230000, FL'(: 022·26395459 Email: ct@.rgys;m.PG£"pwoom Webaite:www mvrmenceoow com 8TATZIIKIIT 0 .. AUDITW FlWAlfCIAL R&8ULTB FOR THE QUARTER AND YEAR ENDED 31ST MARCH, 2025 • • lRA...la l.aIlld except eualD, pel' .bate) lfot. .: The above Audited Financial Results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on Thursday May 29,2025. The Statutory Auditors have carried out the audit of these Financial Results for the Quarter and Year Ended March 2025 and the same are made available on website of the company www.governancenow.com and website of BSE Limited www.bseindia.com and National Stock Exchange of India Limited on www.nseindia.comwhere shares of the Company are listed. 2 The Audited Financial Results for the Quarter and Year Ended March,2025, have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. 3 The Company is operating in a single segment viz. Digital Media Websites & MICE, Hence, the results are reported on a single segment basis. 4 SAB Events & Governance Now Media Limited (,SAB Events; alongwith Marvel Media Private Limited (·Marvel Media;, Mr. Ravi Adhikari (in personal capacity) and Mr. Kailasnath Adhikari (in personal capacity). had jointly submitted a resolution plan in the corporate insolvency resolution process of Sri Adhikari Brothers Television Network Limited ('Corporate Debtor;. On October 12, 2022, the committee of creditors of the Corporate Debtor has by a vote of 93.50% approved the said resolution plan and has been declared them as successful resolution applicants The aajd resolution plan has been approved by Hon'ble National Company Law Tribunal (NCLll. Mumbai bench, through its order dated December 8. 2023. 5 The Company has gradually undenaken the ground event. however, the company's current liability are 5.03 times of current assets and the company is not able to service its debt obligation. These facts indicate material uncertainty with respect to company's ability to continue as going concern unless company is able to generate cash flows from operating activities and raising of sufficient long term funds. 6 'lbe figure of the last quarter for the current year and the previous year are the balancing figures in respect of the fuU financial year ended 31st March and the unaudited published year to date figures upto third quarter ended 31st December.which were subject to limited review. 7 Previous period/ year's figures have been reclassified /regrouped wherever neces to conflrnl with the current accounting treatement. Place : lIumbaJ D.te: 29th 11.,,2025 ~ SAB EVENTS & GOVERNANCE NOW MEDIA LIMITED CIN :L22222MH2014PLC254848 Regd. Offlce 7th Floor.Adhlkari Chambers,Obaral Complex. New Link Road.Andheri (w).Mumbal 400 053. TeJ. 022-402306731022-40230000. Fax' 022-26395459 Email: cs@governancenow,com Webslle:www.governancenow,com STATEMENT OF AUDITED STANDALONE ASSETS AND LIABILITIES AS AT 31ST MARCH 2025. (Rs. in Lakhs ) Standalone Particulars As on 31-03·2025 As on 31·03·2024 SR.NO Audited Audited ASSETS I Non-current assets a Property, plant and equipment 4.76 5.69 b Good will on demerger 62.23 141.11 c Other lntangtble Assets · · Financiill assets a In\"c<;tment 0.Q1 0.01 b other Ilon-current financial assets · · Total Non Current Assets 67.01 146.81 2 CUrTent assets Current Financial Asset a Trade recel\'ables 46.69 50.81 b Cash and cash eqUl\'alt:!nts 2.33 23.61 c Bank Balance other than aoo\'c - - d Loans & Advances 1.33 2.32 e other current assets 6.97 13.72 Total Current Assets 57.31 90.46 TOTAL ASSETS 124.32 237.27 Equity & liabilities I Equity attributable to owners o( parent a Eqwty share capital 1.048.37 1.048.37 b Other eqwty (1.247.64) (1.172.90) Total equity (199.26) (124.53) 2 Liabilities Finandalliahilities a Pronslons 35.24 34.56 b Deferred tax habihttes (net) · · Total non cutTent liabilities 35.24 34.56 3 Current liabilities Financio1.l liabilities a Loans 200.71 197.71 b Trade parables 51.91 105.02 c Other current liabilibe. 26.47 16.28 d ProvlSions 9.25 8.23 Total Current Liabilities 288.35 327.24 TOTAL UABILITIES 323.58 361.80 TOTAL EQUJTI AND LIABILITIES 124.32 237.27 By Order of th~f Directors ~ikari Ili8} Place : Mumbai ~~a"man ~ ~ Oate : 29th Mav.2025 IN: 02715055 ~Vl~ ~ SAB EVENTS & GOVERNANCE NOW MEDIA LIMITED CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2025 (Rs.ln Lacs) PARTICULARS For the Year For the Year ended ended 31.03.2025 31.03.2024 A Cash Flow from Operating Activities: Net Profit I (Loss) before Tax as per Statement of Profit and Los (73.80) (106.12) Adjustment for: - Depreciation and Amortisation 79.81 80.17 Profit on sale of Property, Plant and Equipment (2.50) Finance Cost 0.03 4.63 Operating Profit before Working Capital changes 3.53 (21.33) Adjustment for change in working capital: (Increase) I Decrease in Trade Receivables 4.12 (2.09) {Increase} I Decrease in Advances & Other Current Assets 7.75 26.20 Increase I (Decrease) in Non Current and Current (42.35) 29.15 Liabilities and Provisions Cash generated from Operations (26.95) 31.93 Direct Taxes (Paid)/Refund 0.20 (3.19) Net Cash generated from in Operating Activities (26.75) 28.74 B Cash [Showing first 8,000 characters — download PDF for full document]