SABEVENTS2023-07-012023-09-30 SABEVENTS2023-07-012023-09-30 SABEVENTS2023-07-012023-09-30in-bse-fin:OneOperatingExpenses01Member SABEVENTS2023-07-012023-09-30in-bse-fin:FourOperatingExpenses01Member SABEVENTS2023-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 540081 SABEVENTS NOTLISTED Sab Events & Governance Now Media Limited Equity 2023-04-01 2024-03-31 2023-11-09 2023-11-02 INR Lakhs Half yearly 11:45:00 11:56:00 2023-11-09 2023-11-09 true Cash Flow Indirect Not applicable Single segment Digital Media Websites & MICE 2023-07-01 2023-09-30 Unaudited Standalone 2797000.00 949000.00 3747000.00 564000.00 0.00 0.00 2090000.00 396000.00 2023000.00 2136000.00 7210000.00 -3463000.00 0.00 -3463000.00 0.00 0.00 0.00 0.00 -3463000.00 0.00 0.00 0.00 0.00 -3463000.00 0.00 -3463000.00 0.00 0.00 104837000.00 10 -0.33 -0.33 0.00 0.00 -0.33 -0.33 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 Thursday, November 09, 2023. The Statutory Auditors have carried out the limited review of these Unaudited Financial Results for the quarter ended and Six Month Ended September 2023 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 ended and Six Month Ended September, 2023, 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. The Company has gradually undertaken the ground event, however, the company's current liability are 1.35 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. 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 2023-04-01 2023-09-30 Unaudited Standalone 6150000.00 1310000.00 7460000.00 824000.00 0.00 0.00 4193000.00 397000.00 4025000.00 4447000.00 13886000.00 -6426000.00 0.00 -6426000.00 0.00 0.00 0.00 0.00 -6426000.00 0.00 0.00 0.00 0.00 -6426000.00 0.00 -6426000.00 0.00 0.00 104837000.00 10 -0.61 -0.61 0.00 0.00 -0.61 -0.61 Other Expenses 2136000.00 Other Expenses 4447000.00 607000.00 18065000.00 0.00 0.00 400000.00 315000.00 715000.00 19387000.00 0.00 0.00 626000.00 173000.00 61000000.00 3105000.00 1906000.00 66809000.00 66809000.00 86196000.00 104837000.00 -112865000.00 -8028000.00 -8028000.00 100000.00 100000.00 3462000.00 3562000.00 79450000.00 8291000.00 87741000.00 2318000.00 603000.00 90662000.00 94224000.00 86196000.00 The Company is operating in a single segment viz. Digital Media Websites & MICE, Hence, the results are reported on a single segment basis. 397000.00 0.00 4246000.00 0.00 -1500000.00 0.00 0.00 0.00 0.00 0.00 0.00 695000.00 405000.00 4025000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8267000.00 1841000.00 0.00 0.00 0.00 0.00 0.00 1841000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 397000.00 0.00 -1500000.00 -1897000.00 -56000.00 0.00 -56000.00 229000.00 173000.00 0.00 0.00 0.00 0.00