Sab Events & Governance Now Media (SABEVENTS) — Announcement

📢 Key Event
NCLT approves resolution plan for SABEVENTS revival

🔄 What Changed
Public shareholding reduced; promoter equity cancelled; merger with Adhikari Brothers executed

🔮 What's Next
Monitoring committee to oversee implementation and creditor payments within 90 days

💡 Investor Takeaway
Shareholders lose equity as new investors and merged entity take control, altering ownership structure significantly

The NCLT Mumbai Bench approved Sab Events & Governance Now Media Limited's pre-packaged insolvency resolution plan, enabling revival through capital infusion, merger with Sri Adhikari Brothers Digital Network, and full creditor repayments. The plan cancels promoter equity, reduces public shareholding, and restructures the company under new leadership while maintaining exchange listings.

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About Sab Events & Governance Now Media Limited (SABEVENTS)

Media Entertainment & Publication · Media - Print/Television/Radio · Listed on NSE

Market Cap: ₹7.28 Cr ROE: 18.6% ROCE: -2138.7%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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