SABEVENTSNSESab Events & Governance Now Media LimitedHighNeutral
Announced Tue, 8 Sept, 2026 · 18:57 IST
Implementation of NCLT-approved Resolution Plan - merger approved by RoC
Nclt Resolution ApprovedNclt Insolvency AdmittedRegulatory & Legal View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
The company's NCLT-approved Resolution Plan under the Pre-Packaged Insolvency Resolution Process has moved to the merger stage. The Registrar of Companies has approved Form INC-28 for the merger of Sri Adhikari Brothers Digital Network into the Company. Shareholders of the Transferor firm will receive 436 shares of the Company for every 100 held, a swap ratio of 4.36 to 1.
Likely market impact
Shareholders of Sri Adhikari Brothers Digital Network will get Sab Events shares; existing Sab Events shareholders may face dilution from new share issuance.