Sab Events & Governance Now Media Limited — Others, 29-05-2025: Change in Management

SAB Events & Governance Now Media Limited has announced a board meeting approving the financial results for the quarter and half-year. The company posted a net loss of Rs. 73.61 lakh and a total comprehensive loss of Rs. 74.74 lakh, with current liabilities over five times current assets, raising concerns about debt servicing and its ability to continue as a going concern. The board re-appointed Mr. Kailasnath Adhikari as Managing Director for five years, pending shareholder approval. The auditor’s report highlighted potential impairment of goodwill (Rs. 62.23 lakh) and unpaid interest expenses (~Rs. 23.93 lakh), affecting the accuracy of reported expenses.