Sab Events & Governance Now Media Limited (SABEVENTS) — Announcement | 11 July 2026

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The NCLT Mumbai Bench approved a binding resolution plan for Sab Events & Governance Now Media Limited under Section 54L of the IBC, enabling revival through amalgamation with Sri Adhikari Brothers Digital Network Private Limited and a Rs 32.625 crore capital infusion. The plan cancels promoter equity, restructures share capital, and ensures full repayment to operational creditors while meeting SEBI public shareholding norms. The resolution was unanimously approved by the Committee of Creditors on 06.02.2026 and became effective on 11.07.2026.

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