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Sab Events & Governance Now Media LimitedBoard Meeting, 29-05-2025: Outcome of Board Meeting

29-05-2025 | 02:31 pm

SAB Events has announced a board meeting on May 29, 2025, approving the financial results for the quarter and half-year ended March 31, 2025. The company posted a consolidated loss of Rs. 74.74 lakh for the year, weighed down by weak income and high expenses, with EBITDA still in the red. Cash reserves fell sharply to Rs. 2.33 lakh from Rs. 23.61 lakh last year, while current liabilities exceed current assets by over 5 times, signaling liquidity pressure. The Board re-appointed Mr. Kailasnath Adhikari as MD for another five years, subject to shareholder approval. Going concern risks persist due to ongoing losses and debt challenges.

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