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SAB Events & Governance Now Media Limited is provides online news and information services.
Sab Events & Governance Now Media Limited has successfully implemented its approved resolution plan, completing the merger of Sri Adhikari Brothers Digital Network Private Limited. Eligible shareholders will receive 436 new equity shares for every 100 shares held in the transferor company.
SAB Events & Governance Now Media Limited secured a 45-day extension from the Registrar of Companies to hold its Annual General Meeting for FY26 due to procedural difficulties. The company will convene the AGM within this new timeframe.
SAB Events' Board approved Q1 financial results, reporting a net loss of ₹0.19 Cr. Auditors flagged major going concern uncertainty due to high liabilities and ongoing losses. An NCLT-approved insolvency resolution plan is underway. Auditors also noted a ₹2.54 Cr understatement in liabilities.
SABEVENTS board approved extending the deadline for its 13th AGM due to ongoing capital reduction and ISIN changes from an NCLT-approved plan. They also okayed taking an Inter-Corporate Loan from the Resolution Applicant, as permitted by the NCLT.
SAB Events & Governance Now Media's board approved major corporate actions. August 5, 2026, is the Record Date for two key changes: shares held by promoters will be entirely cancelled. For public shareholders, existing shares will be reduced in a 100:5 ratio, meaning every 100 shares become 5. These actions...