SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has been granted a 45-day extension to hold its Annual General Meeting (AGM) for the financial year ended March 31, 2026, due to procedural difficulties.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has announced unaudited financial results for the quarter ended June 30, 2026, with revenue from operations at ₹4,537 lakhs and a net loss of ₹18.85 crores. The company has a current liability of 4.04 times its current assets and is unable to service its debt obligation, indicating material uncertainty about its ability to continue as a going concern. The company has initiated a Pre-Packaged Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd announced its unaudited financial results for the quarter ended June 30, 2026, with a revenue from operations of ₹45.43 crores, a net loss of ₹18.85 crores, and an earnings per share (EPS) of ₹0.18.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has scheduled a board meeting on August 13, 2026, to consider and approve unaudited financial results for the quarter ended June 30, 2026.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has informed that its Board of Directors has approved the proposal to extend the time limit for holding its 13th Annual General Meeting due to technical, procedural, and regulatory requirements related to the implementation of the Resolution Plan approved by the NCLT. The company also approved availing an Inter-Corporate Loan from the Resolution Applicant.

SAB Events & Governance Now Media Ltd

The Board of Directors of SAB Events & Governance Now Media Ltd approved the proposal to extend the time limit for holding the 13th Annual General Meeting (AGM) due to technical, procedural, and regulatory requirements. The company is implementing corporate actions under a Resolution Plan approved by the National Company Law Tribunal (NCLT). The Board also approved availing an Inter-Corporate Loan from the Resolution Applicant, permitted under the Resolution Plan.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd announces the outcome of its board meeting, where it approved the implementation of corporate actions as per the Resolution Plan approved by the Hon'ble National Company Law Tribunal. The company will reduce its existing equity share capital by cancelling and extinguishing existing equity shares held by promoters and reducing those held by public shareholders in the ratio of 100:5. The record date for determining the entitlement of public shareholders for giving effect to the reduction is fixed as August 5, 2026.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has fixed August 5, 2026 as the record date for the reduction of its equity share capital, following the approval of a resolution plan by the National Company Law Tribunal. The reduction will result in the cancellation and extinguishment of existing equity shares held by promoters and the reduction of equity shares held by public shareholders in the ratio of 100:5.

SAB Events & Governance Now Media Ltd

The Board of Directors of SAB Events & Governance Now Media Ltd approved the implementation of the Resolution Plan approved by the National Company Law Tribunal, which includes the cancellation and extinguishment of existing equity shares held by promoters and a reduction in equity shares held by public shareholders.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has informed the exchanges about the constitution of a Monitoring Committee to supervise the implementation of the approved Resolution Plan under the Insolvency and Bankruptcy Code, 2016.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has informed BSE that the meeting of the Board of Directors is scheduled on 25/07/2026 to consider and approve the implementation of the matters under the Resolution Plan approved by Hon'ble NCLT vide its Order dated July 10, 2026.

SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has received a certified true copy of the order from the National Company Law Tribunal (NCLT) approving the resolution plan for the company's pre-packaged insolvency resolution process (PPIRP).