StockWatch
·
Electronic Media
AGM/EGM19 Oct 2026, 01:21 pm

SAB Events seeks 45-day AGM extension

AI Summary

SAB Events & Governance Now Media Ltd's Board of Directors has approved a proposal to seek a further 45-day extension from the Registrar of Companies, Mumbai-I, for holding its 13th Annual General Meeting (AGM) for the financial year ended March 31, 2026. This extension is necessitated by ongoing corporate actions, including capital reduction, allotment of post-capital reduction equity shares, and activation of a new ISIN, as part of the Resolution Plan approved by the National Company Law Tribunal (NCLT). The company has already received a previous 45-day extension from the Registrar of Companies.

Key Highlights

  • Board approved seeking further 45-day extension for AGM.
  • AGM extension required due to ongoing Resolution Plan implementation.
  • Corporate actions include capital reduction and new ISIN activation.
  • NCLT approved Resolution Plan is driving these actions.
  • Stakeholder interests are considered in the extension request.