SAB Events & Governance Now Media Ltd
Intimation for receipt of order passed by Hon''ble NCLT, Mumbai Bench on July 10, 2026, in respect of Pre-Packaged Insolvency Resolution Process (PPIRP)
REGULATORY
▲ Positive Development
MEDIUM RISK
📅 Filed on BSE: 11 Jul 2026, 09:16 PM IST · BSE ID: 2d84f43e-5c2e-4776-8f37-6ac7ab1a9e85
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's plan to resolve its financial difficulties has been officially approved by the National Company Law Tribunal.
🤖 AI Summary
- NCLT Mumbai approves SAB Events & Governance Now Media's Pre-Packaged Insolvency Resolution Plan.
- The resolution plan was filed on October 17, 2025, and approved by the Committee of Creditors.
- Approval follows oral pronouncement by NCLT on July 10, 2026; written order received July 11, 2026.
- Corporate debtor engaged in digital media, websites, and MICE services faces financial distress.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Authorized Share Capital
Rs. 32,00,00,000/-
Paid-up Share Capital
Rs. 10,49,37,110/-
Udyam Registration
UDYAM-MH-18-0007209 dated 01.09.2020
🏢 How This Affects the Company
The approval of the resolution plan provides a framework for the company's operational revival and future business direction.
The resolution plan addresses the company's financial distress, including liabilities and the ability to continue as a going concern.
The company's operations are subject to the terms of the approved resolution plan, aiming for financial and operational revival.
The resolution process moving to approval mitigates immediate insolvency risks, but future operational success remains subject to plan execution.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required from shareholders. Shareholders should monitor future announcements regarding the implementation of the resolution plan.
👤
Who Is Affected
All shareholders are affected as the resolution plan aims to revive the company's financial health and operational viability.
🔍
Management Signal
This signifies management's commitment to resolving financial distress through a structured insolvency process and obtaining creditor consensus.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Company's compliance with PPIRP resolution plan terms.
Future operational and financial performance updates.
Any further NCLT directives or filings related to the plan.
MEDIUM RISK
While the resolution plan is approved, the company's historical financial distress and operational challenges remain.
💡 Investor Takeaway
NCLT has formally approved SAB Events & Governance Now Media's Pre-Packaged Insolvency Resolution Plan, following its filing on October 17, 2025. The plan received unanimous approval from creditors.
⚖️ Strengths & Concerns
✅ Positives
- Resolution plan approved by 100% majority of the Committee of Creditors in their 4th meeting.
- Corporate applicant is an MSME enterprise registered under Udyam Registration No. UDYAM-MH-18-0007209 dated 01.09.2020.
⚠️ Concerns
- Current liabilities exceed current assets by 4.70 times as of March 31, 2025.
- Financial distress stems from prolonged revenue decline, pandemic impact, and liquidity crunch from substantial receivables.
📅 Company Track Record
SAB Events & Governance Now Media Ltd operates digital media platforms and MICE services. The company has faced financial distress due to revenue decline and pandemic impacts.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What is the status of SAB Events & Governance Now Media's Pre-Packaged Insolvency Resolution Process?
The Hon'ble NCLT, Mumbai Bench, has approved the company's resolution plan on July 10, 2026, following its filing on October 17, 2025.
Who approved the resolution plan for SAB Events & Governance Now Media?
The resolution plan was approved by 100% majority of the Committee of Creditors in their 4th meeting held on February 06, 2026.
What are the core businesses of SAB Events & Governance Now Media Limited?
The company is engaged in digital media, websites, and MICE (Meetings, Incentives, Conferences and Exhibitions) services, operating under the brand 'Governance Now'.
What was the paid-up share capital of SAB Events & Governance Now Media Limited?
The company's paid-up share capital is Rs. 10,49,37,110/-, comprising equity and non-convertible preference shares.
Questions based on this BSE filing only. For information purposes.