SABEVENTS2022-10-012022-12-31in-bse-fin:OneOperatingExpenses01Member SABEVENTS2022-10-012022-12-31in-bse-fin:FourOperatingExpenses01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares SABEVENTS 2022-04-01 2023-03-31 2023-01-23 INR Lakhs Third quarter Single segment Digital Media Websites & MICE 2022-10-01 2022-12-31 Unaudited Standalone 3222000.00 762000.00 3984000.00 956000.00 0.00 0.00 1947000.00 2624000.00 2024000.00 2248000.00 9799000.00 -5815000.00 0.00 -5815000.00 0.00 0.00 0.00 0.00 -5815000.00 0.00 0.00 0.00 0.00 -5815000.00 0.00 -5815000.00 0.00 0.00 104837000.00 10 -0.56 -0.56 0.00 0.00 -0.56 -0.56 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 Tuesday, January 31, 2023. The Statutory Auditors have carried out the limited review of these Unaudited Financial Results for the quarter and nine months ended December 31, 2022 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, 2022, 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. SAB Events & Governance Now Media Limited (“SAB Events”) alongwith Marvel Media Private Limited (“Marvel Media”), Mr. Ravi Adhikari (in personal capacity) and Mr. Kailasnath Adhikari (in personal capacity), had jointly submitted a resolution plan in the corporate insolvency resolution process of Sri Adhikari Brothers Television Network 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 applicants. Accordingly company has provided bank guarantee amounting Rs.6.10 cr. being 10% of resolution value. 5. Present economic condition and the fact that company's current liability are 1.39 times of current assets indicates material uncertainty with respect to company's ability to continue as going concern in the event company's plan of remodeling the event vertical into webinars and growing the digital portal does not achieve the desired cash flows and profitability. 6. 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 7. Previous period/ year’s figures have been reclassified /regrouped wherever necessary to confirm with the current accounting treatment. Single segment 2022-04-01 2022-12-31 Unaudited Standalone 12932000.00 1081000.00 14013000.00 3308000.00 0.00 0.00 5730000.00 4506000.00 6048000.00 6435000.00 26028000.00 -12015000.00 0.00 -12015000.00 0.00 0.00 0.00 0.00 -12015000.00 0.00 0.00 0.00 0.00 -12015000.00 0.00 -12015000.00 0.00 0.00 104837000.00 10 -1.15 -1.15 0.00 0.00 -1.15 -1.15 Other Expenses 2248000.00 Other Expenses 6435000.00 The Company is operating in a single segment viz. Digital Media Websites & MICE. Hence, the results are reported on a single segment basis.