Sab Events & Governance Now Media Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot
SABEVENTS · price
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Awaiting price reaction for this filing.
SAB Events & Governance Now Media Limited conducted a postal ballot via e-voting from July 23, 2025 to August 21, 2025 to seek shareholder approval for re-appointing Mr. Kailasnath Adhikari as Managing Director for a further 5-year term. Of the total 10,483,711 shares, 2,933,659 shares (27.98%) were voted. The resolution received overwhelming support with 2,932,762 votes (99.97%) in favour and only 897 votes (0.03%) against, including 100% support from the promoter group. Scrutinizer Mr. Bhavesh Chheda of M/s. Bhavesh Chheda & Associates confirmed the resolution was passed with the requisite majority on August 23, 2025.
This is a routine governance outcome confirming the continuation of the existing Managing Director for another 5 years. The near-unanimous shareholder approval suggests strong confidence in current leadership, and no material impact on the stock price is expected as the result was widely anticipated.