StockWatch
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Electronic Media
Merger8 Sept 2026, 07:00 pm

SAB Events: Merger of Subsidiary Approved by ROC

AI Summary

SAB Events & Governance Now Media Ltd announced that the Registrar of Companies has approved the merger of Sri Adhikari Brothers Digital Network Private Limited into the company. This merger is part of the Resolution Plan approved by the NCLT on July 10, 2026. Shareholders of the transferor company will receive 436 equity shares of SAB Events for every 100 equity shares they hold. This move is a significant step in the implementation of the approved resolution plan.

Key Highlights

  • Registrar of Companies approves merger of subsidiary.
  • Merger is part of NCLT-approved Resolution Plan.
  • Shareholders to receive 436 shares for every 100 held.
  • Implementation of Resolution Plan is underway.