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Latest news about SAB Events & Governance

SAB Events & Governance Now Media Limited Announces Postal Ballot for Independent Director Appointments 9 hrs ago Yesterday

SAB Events & Governance Now Media Limited has issued a postal ballot notice approved by the Board on March 09, 2026, seeking shareholder approval for appointing two independent directors. The company proposes Mr. Anurag Shailendra Mishra as Non-Executive Independent Director and Ms. Neha Vinod Kothari as Non-Executive Independent Woman Director, both for five-year terms from February 24, 2026, to February 23, 2031. The e-voting process will run from March 18, 2026, at 9:00 a.m. to April 16, 2026, at 5:00 p.m., with NSDL providing remote voting facilities and Mr. Bhavesh Chheda serving as scrutinizer.

SAB Events Board Approves Postal Ballot for Independent Director Appointments 8 days ago

Sab Events & Governance Now Media Limited Director Resigns Under Regulation 30 Feb 25, 2026

SAB Events & Governance Appoints Two Independent Directors Following Board Meeting Feb 25, 2026

SAB Events Reports Q3FY26 Profit Amid Financial Challenges and Board Changes Feb 05, 2026

More news about SAB Events & Governance

19Jan 26

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.

24Nov 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.

22Nov 25

SAB Events & Governance Now Media Limited Publishes Claims List Under Pre-Packaged Insolvency Process

SAB Events & Governance Now Media Limited has initiated a pre-packaged insolvency resolution process (PIRP) as ordered by the NCLT Mumbai Bench. The company disclosed claims totaling Rs. 8,89,79,647 under the PPIRP, which began on November 11, 2025. Kedar Parshuram Mulye has been appointed as the Resolution Professional. The claims include Rs. 4,53,47,238 from unsecured financial creditors, Rs. 3,24,35,478 from other creditors, and Rs. 1,11,96,931 from various operational creditors. The company has issued public announcements and provided contact information for creditors to submit claims.

19Nov 25

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

SAB Events & Governance Now Media Limited has appointed two IBBI registered valuers, Mr. Pijush Karmakar and Mr. Jigar Pradipchandra Shah, as part of its pre-packaged insolvency resolution process. The valuers will determine the company's Fair Value and Liquidation Value in accordance with regulatory requirements. This appointment follows the NCLT Mumbai's admission of the company into the insolvency process on November 11, with the Resolution Professional making the appointments on November 19.

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.

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.

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.

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.