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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' application to reclassify Mr. Markand Navnitlal Adhikari from 'Promoter' to 'Public' category was rejected by stock exchanges. A relative's presence on the board as Managing Director led to this decision, meaning Mr. Adhikari retains his promoter status.
SAB Events & Governance Now Media has scheduled the first meeting of its Committee of Creditors. This is a critical step in the company's ongoing pre-packaged insolvency resolution process.
SAB Events is in a Pre-Packaged Insolvency Resolution Process (PPIRP). A Transaction Auditor has been appointed to scrutinize past transactions, a key step in its ongoing financial restructuring efforts.