SAB Events Board Approves Resolution Plan Implementation

SAB Events & Governance Now Media Ltd's Board of Directors met on July 25, 2026, to approve the implementation of a Resolution Plan sanctioned by the National Company Law Tribunal (NCLT). Key approvals include the cancellation and extinguishment of existing equity shares held by promoters and a reduction of equity shares held by public shareholders. The ratio for public shareholder reduction is set at 100:5. August 5, 2026, has been fixed as the record date for both promoter share cancellation and public shareholder reduction.