SAB Events & Governance
17.62
-0.35(-1.95%)
Market Cap₹18.47 Cr
PE Ratio-33.77
IndustryMedia
Company Performance:
1D-1.95%
1M+44.54%
6M+193.67%
1Y+271.73%
5Y+1,074.67%
View Company Insightsright
More news about SAB Events & Governance
15Nov 25
SAB Events & Governance Now Media Seeks Approval for Promoter Reclassification
SAB Events & Governance Now Media Limited has applied to BSE and NSE for reclassification of Mr. Markand Navnitlal Adhikari from 'Promoter' to 'Public' category. The request was made on November 11, 2025, and approved by the Board on November 12, 2025. The company submitted applications to stock exchanges on November 15, 2025. Next steps include awaiting exchange approval and seeking shareholder consent as per SEBI regulations.
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12Nov 25
SAB Events & Governance Now Media Appoints Transaction Auditor for Pre-Packaged Insolvency Process
SAB Events & Governance Now Media Limited has entered a Pre-Packaged Insolvency Resolution Process (PPIRP) due to financial distress. Key developments include the appointment of Mr. Parthajit Ghosh as Transaction Auditor and Mr. Kedar Parshuram Mulye as Resolution Professional. The company has also undergone leadership changes with the resignation of Chairman Ravi Adhikari and the reclassification request of Markand Navnitlal Adhikari from 'Promoter' to 'Public' shareholder. The company faces significant financial challenges, including a Q3 net loss of Rs. 38.31 lakhs and negative total equity of Rs. 237.58 lakhs.
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12Nov 25
SAB Events Schedules 3rd Committee of Creditors Meeting for January 23, 2026
SAB Events & Governance Now Media Limited announced its 3rd Committee of Creditors meeting scheduled for January 23, 2026, under its ongoing Pre-Packaged Insolvency Resolution Process. The meeting will focus on approving PPIRP costs incurred since the 2nd CoC meeting. The company, operating in digital media and MICE sectors, has total debt of ₹4.56 crores and continues its structured insolvency resolution following COVID-19 pandemic impact on its events business.
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11Nov 25
SAB Events & Governance Now Media Receives Promoter Reclassification Request and Chairman's Resignation
Mr. Markand Navnitlal Adhikari, a promoter of SAB Events & Governance Now Media Limited, has requested to reclassify his 4.59% shareholding from 'Promoter' to 'Public' category. He resigned as non-executive director a year ago and hasn't been involved in company operations for two years. Separately, Mr. Ravi Adhikari has resigned as Chairman and Director, effective November 11, 2025, to pursue creative endeavors. The company will comply with regulatory requirements regarding these changes.
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18Oct 25
SAB Events & Governance Now Media Limited Initiates Pre-Packaged Insolvency Resolution Process
SAB Events & Governance Now Media Limited has filed for a Pre-Packaged Insolvency Resolution Process (PPIRP) with the NCLT Mumbai Bench. The total debt involved is Rs. 4,53,47,238 owed to Saturn Fund, an unrelated financial creditor. The application was filed on October 17, 2025, following approvals from the Board of Directors and company members. The PPIRP, introduced under the Insolvency and Bankruptcy Code, aims to provide a quicker resolution framework for MSMEs.
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14Aug 25
SAB Events & Governance Now Media Initiates Pre-Packaged Insolvency Process Amid Financial Challenges
SAB Events & Governance Now Media Limited's Board approved a Pre-Packaged Insolvency Resolution Process (PPIRP) due to debt servicing issues. Q1 FY2026 saw a net loss of Rs. 24.30 lakhs, improved from Rs. 42.00 lakhs year-over-year. Revenue increased to Rs. 40.68 lakhs from Rs. 15.00 lakhs. The company plans to increase authorized share capital from Rs. 11.03 crores to Rs. 32.00 crores. Auditors highlighted concerns about the company's ability to continue as a going concern, potential goodwill impairment, and non-provision of interest expenses.
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SAB Events & Governance
17.62
-0.35
(-1.95%)
1 Year Returns:+271.73%
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