BSESAB Events & Governance Now Media LtdHighNeutral
Announced Tue, 8 Sept, 2026 · 18:52 IST

Merger Implementation Update Under NCLT Resolution Plan

Nclt Resolution ApprovedNclt Insolvency AdmittedRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

The Registrar of Companies approved Form INC-28 for merger of Sri Adhikari Brothers Digital Network into SAB Events under the NCLT-approved Resolution Plan dated July 10, 2026. Transferor shareholders will receive 436 equity shares of SAB Events for every 100 shares held, to be implemented per the Plan.

Likely market impact

Share structure changes with issuance to transferor company shareholders; potential dilution for existing shareholders.