Saregama Completes Acquisition of Bhansali Productions Shares
Filing Summary
Saregama India Ltd has finalized the acquisition of securities in Bhansali Productions Private Limited. The transaction involved the subscription to 9,960 compulsory convertible preference shares (CCPS) at a face value of INR 10 each. The total consideration for this acquisition was INR 325 Crores. The completion date for this transaction was January 30, 2026. This follows the initial agreement announced on December 16, 2025. The details of the acquisition were previously submitted in accordance with SEBI regulations.
Saregama India Ltd has completed the acquisition of securities in Bhansali Productions Private Limited by subscribing to 9,960 compulsory convertible preference shares (CCPS). The face value of each share is INR 10. The total consideration for this acquisition is INR 325 Crores. The transaction was finalized on January 30, 2026.
This acquisition follows the execution of an Investment Agreement among Saregama, Bhansali Productions, and Sanjay Navin Bhansali. The initial agreement was announced on December 16, 2025. The details required under Regulation 30 and SEBI Master Circular have been previously submitted by Saregama.
Saregama India Ltd is a prominent player in the Indian music and entertainment industry. The company focuses on music publishing, film production, and digital content. Saregama continues to expand its portfolio through strategic acquisitions and partnerships to enhance its market presence and content offerings.