SAB Events & Governance Now Media Limited announced the outcome of its board meeting held on March 09, 2026, where directors approved a postal ballot notice for significant board appointments. The meeting, chaired by Kailasnath Markand Adhikari, commenced at 11:00 A.M. and concluded at 12:00 P.M.

Board Resolutions and Appointments

The board approved the postal ballot notice to seek shareholder approval for two key directorial appointments:

Additionally, the board appointed Mr. Bhavesh Chheda, Proprietor of M/s. Bhavesh Chheda & Associates, as the scrutinizer for conducting the e-voting process. Mr. Chheda holds Membership No. A48035 and CP No. 24147 as a Practising Company Secretary.

Postal Ballot Timeline

The company has established a comprehensive calendar for the postal ballot process, ensuring transparency and compliance with regulatory requirements:

E-voting Process Details

The electronic voting will commence on March 18, 2026, at 09:00 A.M. (IST) and conclude on April 16, 2026, at 05:00 P.M. (IST). This extended voting period of nearly one month provides shareholders ample opportunity to participate in the decision-making process.

Corporate Governance Enhancement

The proposed appointments align with corporate governance best practices, particularly the inclusion of Ms. Neha Vinod Kothari as an Independent Woman Director, which strengthens board diversity and compliance with regulatory mandates. Both appointees will serve five-year terms as independent directors, contributing to the company's strategic oversight and governance framework.

Regulatory Compliance

The company has formally communicated these developments to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the listing requirements. The official communication was digitally signed by Chairman & Managing Director Kailasnath Markand Adhikari and includes detailed documentation of the board meeting outcomes and postal ballot calendar.

Sab events & governance Now Media Limited has announced the resignation of a key board member, informing stock exchanges of the directorship change in compliance with regulatory requirements through a formal intimation dated February 25, 2026.

Director Resignation Details

Ms. Latasha Laxman Jadhav has resigned from her position as Non-Executive Non-Independent Director of the company, effective February 25, 2026. The resignation was attributed to pre-occupation, with the director confirming that there are no material reasons for her departure other than those mentioned in her resignation letter.

Regulatory Compliance and Exchange Notification

The company has fulfilled its obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was submitted to both BSE Limited (Scrip No. 540081) and National Stock Exchange of India Limited (Symbol: SABEVENTS), providing comprehensive details as required under SEBI Circular No. SEBI/HO/CFD/CFDPoD1/P/CIR/2023/123 dated July 13, 2023.

Formal Resignation Letter

In her resignation letter dated February 25, 2026, Ms. Jadhav formally requested the Board of Directors to relieve her from duties with effect from the date of signing. She specifically requested the company to file necessary forms with the Registrar of Companies to formalize her resignation. The director expressed gratitude to the Board for their support and guidance during her tenure, writing from her registered address at B-5, 77, Shree Bharmchaitany Co-Op Housing Society, S.V.P Nagar, Andheri West, Mumbai.

Company Authorization and Documentation

The announcement was signed by Kailasnath Markand Adhikari, Chairman & Managing Director (DIN: 07009389) of the company, ensuring proper authorization and documentation of the directorship change. The digital signatures were applied at 18:33:18 and 18:33:48 respectively on February 25, 2026, confirming the authenticity of the regulatory filings and the company's commitment to completing all necessary regulatory forms for the transition process.