SAB Events & Governance Now Media Limited reported a widened net loss of ₹73.61 lakh for the financial year ended March 31, 2025, compared to a loss of ₹109.31 lakh in the previous year, as revenue from operations fell to ₹173.88 lakh. The company's statutory auditors, P. Parikh & Associates, issued a qualified opinion on the standalone financial results, highlighting material uncertainty regarding the company's ability to continue as a going concern due to negative net worth and an inability to service debt obligations.

The auditors flagged that the company's current liabilities are 5.03 times its current assets, indicating significant financial stress. Additionally, the report noted that the company did not provide for interest expenses amounting to approximately ₹23.93 lakh for FY25 on outstanding loans, a non-compliance with IND-AS 109 requirements. The auditors also pointed out a strong indication of impairment regarding goodwill valued at ₹62.23 lakh, though the exact impact could not be quantified.

For the quarter ended March 31, 2025, the company recorded a net loss of ₹29.96 lakh on a total income of ₹57.01 lakh. Total expenditure for the quarter stood at ₹87.18 lakh. The basic and diluted earnings per share (EPS) for the quarter were reported at (0.29), while for the full year, the EPS stood at (0.70).

The Board of Directors approved the audited financial results at a meeting held on May 29, 2025. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) 34. The company operates in a single segment, Digital Media Websites & MICE. The auditors' report emphasized that these conditions collectively cast doubt on the company's future operations unless it generates sufficient cash flows and raises long-term funds.

Financial Performance for FY25

Key Audit Qualifications

• Going Concern Uncertainty: Current liabilities exceed current assets by 5.03 times, and the company cannot service debt.
• Non-Provision of Interest: Interest expenses of ₹23.93 lakh were not provided for, understating expenses and borrowings.
• Goodwill Impairment: Indications of impairment exist for goodwill of ₹62.23 lakh, but testing has not been performed.

SAB Events & Governance Now Media Limited has closed its trading window for all insiders, designated persons, and their immediate relatives from July 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter ended June 30, 2026. The closure is intended to prevent insider trading in compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The company’s Code of Conduct for Monitoring and Prevention of Insider Trading mandates the closure of the trading window during the period leading up to financial results. This restriction applies to all insiders, designated persons, and connected persons to ensure fair market practices.

The Board Meeting to consider and approve the unaudited financial results for the quarter ended June 30, 2026, will be intimated separately in due course. The exact date for the results declaration has not yet been announced.

The intimation was submitted to the BSE Limited and the National Stock Exchange of India Limited on June 15, 2026. Kailasnath Markand Adhikari, Chairman & Managing Director of SAB Events & Governance Now Media Limited, signed the disclosure.