Announced Fri, 23 Jan, 2026 · 17:31 IST
3rd Creditors Committee meeting held under ongoing Pre-Packaged Insolvency Process
SABEVENTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
The 3rd Committee of Creditors (CoC) meeting of Sab Events was held on January 23, 2026 via video conferencing, under the company's ongoing Pre-Packaged Insolvency Resolution Process (PPIRP) as per the Insolvency and Bankruptcy Code, 2016. The CoC approved and ratified the PPIRP costs incurred by the Resolution Professional from the 2nd CoC meeting till date.
Likely market impact
Company remains in an ongoing insolvency resolution process. Shareholders may face dilution or value erosion as the PPIRP moves toward resolution.