Announced Mon, 22 Dec, 2025 · 18:35 IST

2nd CoC Meeting Held Under Ongoing Pre-Packaged Insolvency Process

Nclt Insolvency AdmittedRegulatory & Legal View source PDFExplain this filing

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Price reaction

Awaiting price reaction for this filing.

AI summary

SAB Events & Governance Now Media held its 2nd Committee of Creditors meeting on December 22, 2025 via video conferencing under the ongoing Pre-Packaged Insolvency Resolution Process. The CoC considered ratification of PPIRP costs incurred by the Resolution Professional since the 1st meeting and approved the Earnest Money Deposit amount and Performance Security to be submitted by Resolution Applicants.

Likely market impact

Company remains in insolvency resolution; next steps depend on finalised resolution plan from prospective applicants.