SAB Events & Governance Now Media Ltd

SAB Events & Governance Now Media Ltd has announced a Board of Directors meeting scheduled for November 5, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. Additionally, the company has informed about the closure of the trading window from October 1, 2026, which will reopen 48 hours after the declaration of the financial results, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

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.

SAB Events & Governance Now Media Ltd has announced that it has successfully completed all outstanding payments to unpaid PPIRP Costs, Financial Creditors, and Operational Creditors. These payments were made within the stipulated timelines as per the Resolution Plan, which was approved by the Hon'ble NCLT via an Order dated July 10, 2026. The company's actions are in compliance with Sections 54K(12) and 54L read with Section 31 of the Insolvency and Bankruptcy Code, 2016 (IBC) and other applicable regulations. The payments were executed to implement the Resolution Plan, under the guidance and directions of the Monitoring Committee, thereby fulfilling all payment obligations.

SAB Events & Governance Now Media Ltd has announced the closure of its trading window for all Insiders, Designated Persons (including their immediate relatives), and Connected Persons. The closure is effective from October 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and half year ended September 30, 2026. This action is in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The company will separately intimate the date of the Board Meeting for the consideration and approval of these financial results.

SAB Events & Governance Now Media Ltd's Board of Directors has approved the issuance of equity shares and convertible warrants as part of a Resolution Plan sanctioned by the National Company Law Tribunal (NCLT). The company will issue up to 12,00,000 equity shares to a promoter entity and up to 73,00,000 equity shares to strategic investors at Rs. 22.50 each. Additionally, up to 60,00,000 convertible warrants will be issued to strategic investors at the same price, with 25% payable upfront. The board also approved the issuance of 1,10,34,070 equity shares to shareholders of Sri Adhikari Brothers Digital Network Private Limited as part of an amalgamation scheme. These issuances are crucial for the company's financial restructuring and future growth.

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.

SAB Events & Governance Now Media Ltd's Board of Directors has approved a plan to raise funds through the issuance of equity shares and convertible warrants. This is in accordance with a Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT). The company will issue up to 12,00,000 equity shares to its promoter, Sri Adhikari Brothers Assets Holdings Private Limited, for ₹2.70 crore. Additionally, up to 73,00,000 equity shares and up to 60,00,000 convertible warrants will be issued to strategic investors for ₹16.42 crore and ₹13.50 crore, respectively. The company will also issue 1,10,34,070 equity shares to shareholders of Sri Adhikari Brothers Digital Network Private Limited as part of a Scheme of Amalgamation. The issuance is subject to requisite statutory and regulatory approvals.

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.

SAB Events & Governance Now Media Ltd has received a 45-day extension from the Registrar of Companies (ROC), Maharashtra at Mumbai, for holding its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The company had applied for this extension due to procedural difficulties. The ROC granted the extension via an order dated August 24, 2026. The company will now convene its AGM within this extended period, with the exact date to be announced later upon Board approval. This regulatory approval allows the company to comply with the Companies Act, 2013, while addressing internal procedural challenges.

SAB Events & Governance Now Media Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 13, 2026. The company operates in a single segment, Digital Media Websites & MICE. The results were reviewed by the Audit Committee and the Statutory Auditors have issued a Limited Review Report. The financial results are available on the company's website and the BSE and NSE websites.