SAB Events Board Approves Securities Issuance Worth ₹27.12 Cr

SAB Events & Governance Now Media Ltd's Board of Directors met on September 18, 2026, to approve the issuance of securities as part of an approved Resolution Plan. The company will issue up to 12,00,000 equity shares at ₹22.50 each to Sri Adhikari Brothers Assets Holdings Private Limited, totaling ₹2.70 crore. Additionally, up to 73,00,000 equity shares at ₹22.50 each will be issued to strategic investors (public category) for ₹16.425 crore. The board also approved the issuance of up to 60,00,000 convertible warrants at ₹22.50 each to strategic investors for ₹13.50 crore. Furthermore, 1,10,34,070 equity shares will be issued to shareholders of Sri Adhikari Brothers Digital Network Private Limited as part of a scheme of amalgamation. These issuances are pursuant to a Resolution Plan approved by the Hon'ble NCLT.