SABEVENTS2021-10-012021-12-31in-bse-fin:OneOperatingExpenses01Member SABEVENTS2021-10-012021-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SABEVENTS 2021-04-01 2022-03-31 2022-02-01 INR Lakhs Third quarter Single segment Digital Media Websites & MICE 2021-10-01 2021-12-31 Unaudited Standalone 4896000.00 23000.00 4919000.00 214000.00 0.00 0.00 1843000.00 692000.00 2068000.00 1934000.00 6751000.00 -1832000.00 0.00 -1832000.00 0.00 0.00 0.00 0.00 -1832000.00 0.00 0.00 0.00 0.00 -1832000.00 0.00 -1832000.00 0.00 0.00 104837000.00 10 -0.18 -0.18 0.00 0.00 -0.18 -0.18 1. The above Unaudited Financial Results of the Company have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on Friday, February 11, 2022. The Statutory Auditors have carried out the limited review of these Unaudited Financial Results for the quarter and nine months ended December 31, 2021 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. 2. The Unaudited Financial Results for the quarter and nine months ended December 31, 2021, have been prepared in accordance with recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. 3. The Company is operating in a single segment viz. Digital Media Websites & MICE, Hence, the results are reported on a single segment basis. 4. Due to the outbreak of COVID-19 pandemic, the ground events business operations of the company have come to halt and the company doesn’t foresee ground events picking up in the near future. But having said that it doesn’t deter the company’s operations as the company has remodelled its event vertical into doing live webinars. 5. The Company has assessed the potential impact of Covid-19 on the carrying value of property, plant & equipment, intangible assets, trade receivables, and other current assets appearing in the financial statements of the Company. In developing the assumptions and estimates relating to the future uncertainties in the economic conditions because of this pandemic, the Company as at the date of approval of the financial results has used internal and external sources of information and based on current estimates, expects to recover the carrying amounts of these assets. The impact of the global health pandemic may be different from that estimated as at the date of approval of these financial statements and the Company will continue to closely monitor any material changes to future economic conditions. 6. Present economic condition and the fact that company's current liability are 2.27 times of current assets indicates material uncertainty with respect to company's ability to continue as going concern, if the company's plan of remodeling the event vertical into webinars and growing the digital portal does not achieve the desired cash flows and profitability. 7. The figures of last quarter are the balancing figures between audited figures in respect of the full financial year and the published year-to-date figures upto the third quarter of the current financial year. 8. Previous period/ year’s figures have been reclassified /regrouped wherever necessary to confirm with the current accounting treatment. Single segment 2021-04-01 2021-12-31 Unaudited Standalone 12450000.00 398000.00 12848000.00 549000.00 0.00 0.00 5444000.00 2074000.00 6179000.00 5664000.00 19910000.00 -7062000.00 0.00 -7062000.00 0.00 0.00 0.00 0.00 -7062000.00 0.00 0.00 0.00 0.00 -7062000.00 0.00 -7062000.00 0.00 0.00 104837000.00 10 -0.67 -0.67 0.00 0.00 -0.67 -0.67 Other Expenses 1934000.00 Other Expenses 5664000.00 The Company is operating in a single segment viz. Digital Media Websites & MICE, Hence, the results are reported on a single segment basis.