SAB Events & Governance Now Media Limited (NSE: SABEVENTS) will hold a board meeting on September 18, 2026, to consider a preferential issue of equity shares and convertible warrants. The agenda also includes approving the merger of Sri Adhikari Brothers Digital Network Private Limited into the company.

The proposals align with the Resolution Plan approved by the National Company Law Tribunal, Mumbai Bench-I. The tribunal passed its order on July 10, 2026, under Section 54L read with Section 31 of the Insolvency and Bankruptcy Code, 2016. The certified copy of the order was received by the company on July 21, 2026.

Merger and Issue Details

The board will consider the issuance of securities pursuant to the merger of the transferor company into SAB Events. Shareholders of Sri Adhikari Brothers Digital Network Private Limited will receive 436 equity shares of the listed entity for every 100 equity shares held in the transferor company.

Additionally, the board will approve raising funds through a preferential issue of securities. This action follows the provisions of the Companies Act, 2013, and the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Trading Window Closure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for insiders remains closed. This restriction applies from September 15, 2026, until 48 hours after the conclusion of the board meeting. Designated persons and their immediate relatives are included in this closure.

Kailasnath Markand Adhikari, Chairman & Managing Director, signed the intimation filed with the exchanges on September 15, 2026.

SAB Events & Governance Now Media Limited received a 45-day extension from the Registrar of Companies (ROC) Mumbai-I to convene its Annual General Meeting (AGM) for FY26. The regulatory order, dated August 24, 2026, allows the company to hold the meeting beyond the statutory deadline of September 30, 2026.

Regulatory Approval Details

The ROC granted the extension under Section 96(1) of the Companies Act, 2013, following an application filed by the company on August 7, 2026. The approval acknowledges that while extant law did not prevent holding the AGM on time, the company faced procedural difficulties.

The regulator noted that substantial steps had already been taken following an earlier National Company Law Tribunal (NCLT) order. Consequently, the ROC deemed a 1 month and 15 days extension appropriate given the circumstances.

Compliance Advisory

In its order, the ROC advised the company to exercise greater care in future compliance with the provisions of the Companies Act, 2013. The company must now convene the AGM within the extended period approved by the regulator.

Next Steps

SAB Events intimated the stock exchanges on August 25, 2026, regarding the extension. The specific date for the AGM will be communicated in due course, subject to Board approval. The company has cited Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in its disclosure to the exchanges.