StockWatch
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Electronic Media
Board Meeting31 Jul 2026, 03:08 pm

SAB Events & Governance Now Media Ltd Seeks AGM Extension

AI Summary

SAB Events & Governance Now Media Ltd announced that its Board of Directors, in a meeting held on July 31, 2026, approved seeking an extension for its 13th Annual General Meeting (AGM). This is due to ongoing corporate actions related to a Resolution Plan approved by the NCLT, including capital reduction and ISIN freeze. The company will apply to the Registrar of Companies for the extension. Additionally, the Board approved availing an Inter-Corporate Loan from the Resolution Applicant, as permitted by the NCLT's order.

Key Highlights

  • Board approved seeking extension for 13th Annual General Meeting.
  • Extension is required due to ongoing corporate actions under Resolution Plan.
  • Company will apply to Registrar of Companies for time extension.
  • Board approved availing Inter-Corporate Loan from Resolution Applicant.