SAB Events & Governance Now Media Appoints Valuers for Pre-Packaged Insolvency Process

SAB Events & Governance Now Media Limited has taken a significant step in its pre-packaged insolvency resolution process by appointing two registered valuers, as mandated by the National Company Law Tribunal (NCLT), Mumbai Bench.

Key Appointments

The company has appointed two IBBI registered valuers:

Mr. Pijush Karmakar (IBBI Registration No.: IBBI/RV/06/2019/11909)
Mr. Jigar Pradipchandra Shah (IBBI Registration No.: IBBI/RV/06/2019/10657)

Purpose of Appointment

These valuers have been tasked with determining the Fair Value and Liquidation Value of the company in accordance with:

The Insolvency and Bankruptcy Code, 2016
The Pre-Packaged Insolvency Resolution Process (PPIRP) Regulations
The Companies (Registered Valuers and Valuation) Rules, 2017

Timeline of Events

Date	Event
November 11	NCLT Mumbai admitted SAB Events & Governance Now Media Limited into the Pre-Packaged Insolvency Resolution Process
November 17	The company received the certified true copy of the NCLT order
November 19	Mr. Kedar Parshuram Mulye, the Resolution Professional, appointed the two registered valuers

Company Details

SAB Events & Governance Now Media Limited is listed on the stock exchanges with the following details:

Detail	Value
ISIN	INE860T01019
CIN	L22222MH2014PLC254848

Insolvency Process Overview

The pre-packaged insolvency resolution process is a relatively new mechanism introduced in the Insolvency and Bankruptcy Code. It allows for a quicker, more cost-effective resolution of corporate insolvencies while attempting to preserve the company's operations.

Next Steps

Following the appointment of valuers, the company is expected to proceed with the subsequent stages of the pre-packaged insolvency resolution process. Stakeholders and investors should monitor further announcements for updates on the company's restructuring efforts.

The appointment of these valuers marks a crucial step in SAB Events & Governance Now Media's insolvency proceedings, as their valuation will play a significant role in determining the company's future course of action.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.71%	+2.38%	+7.86%	+20.11%	-53.63%	+437.50%

SAB Events & Governance Now Media Limited , a company listed on Indian stock exchanges, has entered into a pre-packaged insolvency resolution process (PIRP) as ordered by the National Company Law Tribunal (NCLT) Mumbai Bench. This development marks a significant turn for the company as it seeks to address its financial challenges.

Key Details of the Insolvency Process

Commencement Date: The NCLT ordered the commencement of the PIRP on November 11, 2025.
Resolution Professional: Kedar Parshuram Mulye has been appointed as the Resolution Professional to oversee the process.
Registration Number: IBBI/IPA-001/IP-P-01365/2018-2019/12282

Process Timeline and Creditor Information

The company has taken steps to inform its creditors and set up a timeline for the insolvency process:

Public Announcement: As required by insolvency regulations, the company has issued public announcements to creditors.
Claims List: The list of claims will be made available from November 22, 2025.
Claim Submission: Creditors can submit their claims to the resolution professional.

Contact Information for Stakeholders

Interested parties and creditors can reach out to the Resolution Professional through the following channels:

Email: sabeventsppirp@gmail.com
Address: 1301, Chaitanya Residency, Jay Prakash Nagar, Road No. 2, Goregaon East, Mumbai Suburban, Maharashtra - 400063

Implications and Next Steps

The pre-packaged insolvency resolution process is a mechanism introduced in India to provide a quicker and more efficient resolution for companies facing financial distress. It allows for a pre-negotiated resolution plan between the company and its creditors, which can potentially lead to a faster turnaround.

As the process unfolds, stakeholders will be watching closely to see how SAB Events & Governance Now Media Limited navigates this challenging period. The outcome of this PIRP could have implications not only for the company but also for the broader media sector in India.

Creditors, shareholders, and other interested parties are advised to stay informed about the developments and adhere to the timelines set for claim submissions and other procedural requirements.

The resolution of this process will be crucial in determining the future trajectory of SAB Events & Governance Now Media Limited and may serve as a case study for other companies considering similar resolution mechanisms.