5400812025-01-012025-03-315400812025-03-315400812024-03-315400812024-04-012025-03-315400812025-01-012025-03-31in-capmkt:OtherExpenses1Member5400812024-04-012025-03-31in-capmkt:OtherExpenses1Member5400812025-01-012025-03-31RelatedPartyTransactionDomain15400812024-12-31RelatedPartyTransactionDomain15400812025-03-31RelatedPartyTransactionDomain15400812025-01-012025-03-31RelatedPartyTransactionDomain25400812024-12-31RelatedPartyTransactionDomain25400812025-03-31RelatedPartyTransactionDomain25400812025-01-012025-03-31RelatedPartyTransactionDomain35400812024-12-31RelatedPartyTransactionDomain35400812025-03-31RelatedPartyTransactionDomain35400812025-01-012025-03-31RelatedPartyTransactionDomain45400812024-12-31RelatedPartyTransactionDomain45400812025-03-31RelatedPartyTransactionDomain45400812025-01-012025-03-31RelatedPartyTransactionDomain55400812024-12-31RelatedPartyTransactionDomain55400812025-03-31RelatedPartyTransactionDomain55400812025-01-012025-03-31AuditorDomain15400812025-01-012025-03-31in-capmkt:AuditedMember5400812025-03-31in-capmkt:AuditedMember5400812025-01-012025-03-31in-capmkt:AdjustedMember5400812025-03-31in-capmkt:AdjustedMember5400812025-01-012025-03-31AuditQualification15400812025-01-012025-03-31AuditQualification2iso4217:INRxbrli:pureiso4217:INRxbrli:shares540081SABEVENTSNOTLISTEDINE860T01019Sab Events & Governance Now Media LimitedMain BoardEquity2024-04-012025-03-312025-05-292025-05-22INRLakhsQuarterlyFourth quarterSingle segmentDigital Media Websites and MICE2025-05-2901:25:002025-05-2902:15:00trueCash Flow IndirectStatement on impact of audit qualificationtruetrueNANAfalsetrue2025-03-31www.governancenow.comfalsefalseNot Applicable2025-01-012025-03-31AuditedStandalone57010000570100024100000019460001000195000024110008718000-30170000-3017000-200000-200000-29970000000-2997000-113000-311000010483700010-0.29-0.2900-0.29-0.290001. 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. <BR> <BR> 2. 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 <BR> Financial Reporting prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued <BR> thereunder. <BR> <BR> 3. The Company is operating in a single segment viz. Digital Media Websites & MICE , Hence, the results are reported on a single segment basis. <BR> <BR> 4. SAB Events & Governance Now Media Limited SAB Events alongwith Marvel Media Private Limited Marvel <BR> Media, Mr. Ravi Adhikari in personal capacity and Mr. Kailasnath Adhikari in personal capacity, had jointly <BR> submitted a resolution plan in the corporate insolvency resolution process of Sri Adhikari Brothers Television <BR> 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 <BR> applicants The said resolution plan has been approved by Hon'ble National Company Law Tribunal NCLT, Mumbai bench, through its order dated December 8, 2023. <BR> <BR> 5. 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. <BR> <BR> 6. Previous period year’s figures have been reclassified regrouped wherever necessary to confirm with the current accounting treatement.2024-04-012025-03-31AuditedStandalone17388000409400021482000465000000762900030007981000860000028863000-73810000-7381000-200000-200000-73610000000-7361000-113000-747400010483700010-124764000-0.7-0.700-0.7-0.7000Other Expenses2411000Other Expenses8600000476000006223000000010000001000006700000004669000233000013300069700057320000057320000012432000104837000-124764000-19927000-19927000000000352400000035240002007100005191000519100026480002791000009250000028835000003235900012432000300004120000775000000000-423500007981000000000000000-250000004686000-2695000000-200000-267500000000000250000000000000000000000000025000000000000300000000300000297000-21280000-2128000236100023300011300011300000-113000-113000SAB Events & Governance Now Media Limited******TV Vision Limited******Group CompanyAny other transactionAdvertisement ServicesApproved300000000SAB Events & Governance Now Media Limited******Suresh Satpute******CFORemunerationNot Required626000104000104000SAB Events & Governance Now Media Limited******Raina Shah******CSRemunerationNot Required183000040000SAB Events & Governance Now Media Limited******TV Vision Limited******Group CompanyAny other transactionOutstanding balance included in current liabilityApproved8810006500001531000SAB Events & Governance Now Media Limited******TV Vision Limited******Group CompanyAny other transactionOutstanding balance included in current AssetApproved16000001600004850000AuditedQualified opinionP Parikh and Associatestrue2028-02-2921481000214810002886200037478000-7381000-15997000-0.7-1.531243200062090003235800034751000-19926000-28542000Non impairment of Goodwill <br></br> i)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.Qualified opinionRepetitiveThe management needs to carry out impairment testing for GoodwillNot ApplicableNot ApplicableNot ApplicableNon Provision of Interest on loan: <br></br> The 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. Qualified opinionRepetitiveThe 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.Not ApplicableNot ApplicableNot ApplicableKailasnath Markand AdhikariSuresh SatputeShailendra MishraGautam SanghviMumbai2025-05-29