Integrated Filing — IndAS



General information about company
Scrip Code 540081
NSE Symbol SABEVENTS
MSEI Symbol NOTLISTED
ISIN INE860T01019
Name of company Sab Events & Governance Now Media Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Digital Media Websites and MICE
Start date and time of board meeting 29-May-2025   01:25:00
End date and time of board meeting 29-May-2025   02:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-03-31
Indicate Company website link for updated RPT policy of the Company www.governancenow.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 5701000 17388000
Other income 0 4094000
Total income 5701000 21482000
2 Expenses
(a) Cost of materials consumed 2410000 4650000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 1946000 7629000
(e) Finance costs 1000 3000
(f) Depreciation, depletion and amortisation expense 1950000 7981000
(f) Other Expenses
1 Other Expenses 2411000 8600000
Total other expenses 2411000 8600000
Total expenses 8718000 28863000
3 Total profit before exceptional items and tax -3017000 -7381000
4 Exceptional items 0 0
5 Total profit before tax -3017000 -7381000
6 Tax expense
7 Current tax -20000 -20000
8 Deferred tax 0 0
9 Total tax expenses -20000 -20000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations -2997000 -7361000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period -2997000 -7361000
17 Other comprehensive income net of taxes -113000 -113000
18 Total Comprehensive Income for the period -3110000 -7474000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 104837000 104837000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve -124764000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -0.29 -0.7
Diluted earnings (loss) per share from continuing operations -0.29 -0.7
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -0.29 -0.7
Diluted earnings (loss) per share from continuing and discontinued operations -0.29 -0.7
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1. The above Audited Financial Results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on Thursday May 29,2025. The Statutory Auditors have carried out the audit of these Financial Results for the quarter and Year Ended March 2025 and the same are made available on website of the company www.governancenow.com and website of BSE Limited www.bseindia.com and National Stock Exchange of India Limited on www.nseindia.com where shares of the Company are listed. n n2. The Audited Financial Results for the quarter and Year Ended March,2025, have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards Ind AS 34 Interim nFinancial Reporting prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued nthereunder. n n3. The Company is operating in a single segment viz. Digital Media Websites & MICE , Hence, the results are reported on a single segment basis. n n4. SAB Events & Governance Now Media Limited SAB Events alongwith Marvel Media Private Limited Marvel nMedia, Mr. Ravi Adhikari in personal capacity and Mr. Kailasnath Adhikari in personal capacity, had jointly nsubmitted a resolution plan in the corporate insolvency resolution process of Sri Adhikari Brothers Television nNetwork Limited Corporate Debtor. On October 12, 2022, the committee of creditors of the Corporate Debtor has by a vote of 93.50% approved the said resolution plan and has been declared them as successful resolution napplicants The said resolution plan has been approved by Hon'ble National Company Law Tribunal NCLT, Mumbai bench, through its order dated December 8, 2023. n n5. The Company has gradually undertaken the ground event, however, the company's current liability are 5.03 times of current assets and the company is not able to service its debt obligation. These facts indicate material uncertainty with respect to company's ability to continue as going concern unless company is able to generate cash flows from operating activities and raising of sufficient long term funds. n n6. Previous period year’s figures have been reclassified regrouped wherever necessary to confirm with the current accounting treatement.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 476000
Capital work-in-progress 0
Investment property 0
Goodwill 6223000
Other intangible assets 0
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 0
Total non-current financial assets 1000
Deferred tax assets (net) 0
Other non-current assets 0
Total non-current assets 6700000
2 Current assets
Inventories 0
Current financial asset
Current investments 0
Trade receivables, current 4669000
Cash and cash equivalents 233000
Bank balance other than cash and cash equivalents 0
Loans, current 133000
Other current financial assets 697000
Total current financial assets 5732000
Current tax assets (net) 0
Other current assets 0
Total current assets 5732000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 12432000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 104837000
Other equity -124764000
Total equity attributable to owners of parent -19927000
Non controlling interest
Total equity -19927000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 0
Total non-current financial liabilities 0
Provisions, non-current 3524000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 3524000
Current liabilities
Current financial liabilities
Borrowings, current 20071000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5191000
Total Trade payable 5191000
Other current financial liabilities 2648000
Total current financial liabilities 27910000
Other current liabilities 0
Provisions, current 925000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 28835000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 32359000
Total equity and liabilites 12432000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 113000 113000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -113000 -113000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -7381000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 3000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 412000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 775000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 0
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -4235000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 7981000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 0
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -250000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 4686000
Net cash flows from (used in) operations -2695000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) -20000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities -2675000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 250000
Purchase of property, plant and equipment 0
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities 250000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 300000
Repayments of borrowings 0
Payments of lease liabilities 0
Dividends paid 0
Interest paid 3000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 297000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -2128000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -2128000
Cash and cash equivalents cash flow statement at beginning of period 2361000
Cash and cash equivalents cash flow statement at end of period 233000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 P Parikh and Associates Yes 29-Feb-2028


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 21481000 21481000
2 Total Expenditure 28862000 37478000
3 Net Profit/(Loss) -7381000 -15997000
4 Earnings Per Share -0.7 -1.53
5 Total Assets 12432000 6209000
6 Total Liabilities 32358000 34751000
7 Net Worth -19926000 -28542000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Repetitive Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Repetitive Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)


Text Block
Textual Information(1) Non impairment of Goodwill ni)The aggregate carrying value of Goodwill created on account of demerger of the Company in earlier years as on March 31, 2025 is Rs.62.23 Lakhs. The Company is unable to generate sufficient income from its business and has incurred loss amounting to Rs.74.74 Lakhs for the year ended March 31, 2025 and in previous financial years. There is a strong indication of impairment in the value of Goodwill and therefore we are of the opinion that the impairment testing of Goodwill should be done by the Company. In the absence of working for impairment, we are unable to quantify the amount of impairment provision required as per IND-AS 36 Impairment of Assets and its possible effects on the financial statements as on March 31, 2025.
Textual Information(2) The management needs to carry out impairment testing for Goodwill
Textual Information(3) Not Applicable
Textual Information(4) Not Applicable
Textual Information(5) Not Applicable
Textual Information(6) Non Provision of Interest on loan: nThe Company has not provided for interest expenses amounting to approximately Rs.23.93 Lakhs for the year ended March 31, 2025 on loans outstanding as on March 31, 2025 which is not in line with the requirement of IND-AS 109. The expenses and current borrowings of the Company for the year ended March 31, 2025 are understated to that extent. Further, no provision for interest had been made on such loan in the books of accounts from October, 2022 to March, 2024.
Textual Information(7) The documents upon which the Company relies for the purpose of finalisation of accounts doesn't indicate charge of any interest/ penal interest. Accordingly, no provision is made in the Profit and Loss account of the Company.
Textual Information(8) Not Applicable
Textual Information(9) Not Applicable
Textual Information(10) Not Applicable


Signatories detail
Name of CEO / Managing director Kailasnath Markand Adhikari
Name of CFO Suresh Satpute
Name of audit committee chairman Shailendra Mishra
Name of statutory auditor Gautam Sanghvi
Name of other signatory, if any, with designation
Place Mumbai
Date 29-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 SAB Events & Governance Now Media Limited TV Vision Limited Group Company Any other transaction Advertisement Services Approved 3000000 0 0
2 SAB Events & Governance Now Media Limited Suresh Satpute CFO Remuneration Not Required 626000 104000 104000
3 SAB Events & Governance Now Media Limited Raina Shah CS Remuneration Not Required 183000 0 40000
4 SAB Events & Governance Now Media Limited TV Vision Limited Group Company Any other transaction Outstanding balance included in current liability Approved 881000 650000 1531000
5 SAB Events & Governance Now Media Limited TV Vision Limited Group Company Any other transaction Outstanding balance included in current Asset Approved 160000 0 160000
Total value of transaction during the reporting period 4850000