SAB Events Approves ₹32.63 Crore Preferential Equity And Warrant Issue

Board approved NCLT plan issues: 12L shares to promoter for 2.7 Cr, 73L shares to public for 16.43 Cr, 60L warrants for 13.5 Cr at Rs22.50, plus 1.10 Cr merger shares at 436:100. Implementation of July 10 NCLT-approved pre-pack resolution plan, subject to statutory approvals. Post-issue promoter group 61.43%, public 36.65%. Warrants convertible in 18 months. Large recapitalization and ownership reset with heavy dilution; merger adds digital network arm. Issue price and holdings disclosed; shareholder approval timeline and fund use not detailed.