NCLT approves Resolution Plan under PPIRP for SAB Events

Nclt Resolution ApprovedRegulatory & Legal View source PDF

SABEVENTS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-9.7%1-day move

₹9.20

prior close

₹9.20

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-9.7-14.1-18.4-15.4-10.7-11.6————

Up moveDown movePending

AI summary

NCLT Mumbai Bench orally pronounced its order on July 10, 2026, approving the Resolution Plan for SAB Events under Section 54L of the Insolvency and Bankruptcy Code in the Pre-Packaged Insolvency Resolution Process (PPIRP). Written order is awaited.

Likely market impact

Positive - NCLT approval moves SAB Events closer to exiting the pre-packaged insolvency process and potential revival of operations.