SAB Events CoC accepts Resolution Applicant eligibility after consideration
SAB Events & Governance Now Media Limited has completed a crucial step in its Pre-Packaged Insolvency Resolution Process as the Committee of Creditors accepted the Resolution Professional's submissions regarding Resolution Applicant eligibility. The decision was finalized on April 29, 2026, following a consideration period requested after the 5th CoC meeting conducted via video conferencing on April 28, 2026.

*this image is generated using AI for illustrative purposes only.
SAB Events & Governance Now Media Limited has informed BSE Limited and the National Stock Exchange of India Limited about the final outcome following its 5th Committee of Creditors (CoC) meeting held on April 28, 2026. The meeting was conducted through Video Conferencing under the ongoing Pre-Packaged Insolvency Resolution Process (PPIRP), in accordance with Section 54-I and other applicable provisions of the Insolvency and Bankruptcy Code, 2016.
The CoC has now considered, noted and taken on record the Affidavit and Legal Opinion submitted by the Resolution Professional before the Hon'ble National Company Law Tribunal (NCLT). This submission pertains to the eligibility of the Resolution Applicant and was reviewed pursuant to the directions of the Hon'ble NCLT dated April 21, 2026.
CoC Decision Finalized
Following the one-day consideration period requested during the April 28, 2026 meeting, the Committee of Creditors has completed its review of the Resolution Professional's submissions. The company confirmed on April 29, 2026, that the CoC has considered, noted and taken on record the Affidavit and Legal Opinion as submitted by the Resolution Professional before the Hon'ble NCLT. This acceptance marks a significant milestone in the ongoing Pre-Packaged Insolvency Resolution Process.
Key Process Details
| Particulars: | Details |
|---|---|
| Meeting Type: | 5th Committee of Creditors Meeting |
| Meeting Date: | April 28, 2026 |
| Final Decision Date: | April 29, 2026 |
| Mode: | Video Conferencing |
| Process: | Pre-Packaged Insolvency Resolution Process |
| NCLT Direction Date: | April 21, 2026 |
| Final Outcome: | CoC accepted Resolution Professional's submissions |
Regulatory Compliance
The disclosure was made in compliance with Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with Para 16(g) of Part A of Schedule III of the Listing Regulations. The communication was signed by Kailasnath Markand Adhikari, Chairman & Managing Director, on April 29, 2026.
The company's registered office is located at 7th Floor, Adhikari Chambers, Oberoi Complex, New Link Road, Andheri (W), Mumbai. The formal communication was submitted to both stock exchanges as part of the company's ongoing compliance requirements under the Pre-Packaged Insolvency Resolution Process.
Historical Stock Returns for SAB Events & Governance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.92% | -9.60% | -19.12% | -2.96% | +39.96% | +402.00% |
What are the specific terms and conditions of the resolution plan that the CoC will likely approve for SAB Events & Governance Now Media Limited?
How will the successful completion of this PPIRP impact the company's stock price and trading resumption on BSE and NSE?
What timeline is expected for the NCLT's final approval of the resolution plan following the CoC's acceptance?


































