Board approves proposal to seek a further 45-day extension for holding the 13th AGM
Board of SAB Events & Governance Now Media met on October 19, 2026 and approved a proposal to seek a further extension of 45 days from the Registrar of Companies, Mumbai-I, to hold the 13th AGM for FY 2025-26.
By ScoutQuest · · 2 min read
- Extension Sought
- further extension of 45 days from the Registrar of Companies, Mumbai-I
- AGM
- 13th AGM for FY 2025-26
- Prior Extension Granted
- granted by the RoC on August 24, 2026
What the Board approved
The Board of Directors, at its meeting on Monday, October 19, 2026, considered and approved the proposal to seek a further extension of time for holding the 13th Annual General Meeting (AGM) of the company for the financial year ended March 31, 2026. The extension being sought is 45 days, from the Registrar of Companies, Mumbai-I, under the applicable provisions of the Companies Act, 2013.
Why more time is being asked for
The company states that, pursuant to an Order of the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, approving a Resolution Plan, it is in the process of implementing various corporate actions envisaged under that plan, including capital reduction and other consequential actions.
It adds that certain critical and procedural formalities are still under implementation, specifically:
- freezing of the existing ISIN of the company
- allotment of post-capital reduction equity shares
- activation of a new ISIN
- completion of the related depository and regulatory formalities
The update says that because of this, the company may need additional time to complete these corporate actions and convene the AGM.
The extension already in hand
- The Registrar of Companies, Mumbai-I, had, by order dated August 24, 2026, granted an extension of 45 days for convening the AGM for the financial year 2025-26.
- The company had earlier intimated the exchanges about the extension on July 31, 2026 and August 24, 2026.
- The present approval is to seek a further 45 days on top of that.
What this means for a retail holder
- An AGM is where shareholders receive accounts and vote on ordinary business; a delay means those items are pushed later than the original schedule.
- The company has linked the delay to an ongoing Resolution Plan process involving a capital reduction and a change of ISIN, which affects how shares are held in demat form and how the new shareholding is recorded.
- The further extension is a proposal being sought from the RoC; the update records the Board's approval to apply for it.
Meeting details
The Board meeting commenced at 11:20 A.M. and concluded at 01:00 P.M.
Also from SAB Events & Governance Now Media
All payments under approved Resolution Plan completed, company informs exchanges
5 Oct 2026
More numbers
- Extension granted by RoC on August 24, 2026 for convening the AGM45 days
- Further extension proposed to be sought from the RoC45 days
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