NSEAcquisition22 Jul 2026 · 22 Jul 2026, 07:34 pm
Acquisition
Saregama India Limited · SAREGAMA
✦ AI SummaryM&A
Saregama India Limited has informed the Exchange about the acquisition of 35,635 Equity shares representing approximately 4.82% of the issued and paid-up share capital of Pocket Aces Pictures Private Limited for a total sale consideration of ~INR 20,05,24,559.
Analysis Scores
Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Saregama India Limited has informed the Exchange about Acquisition
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SAREGAMA_22072026192843_Intimation_SIGNED.pdf
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Date: 22nd July, 2026
The Manager, The General Manager
Listing Department, Listing Department
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Phiroze Jeejeebhoy Towers,
Block G, Bandra – Kurla Complex, Dalal Street,
Bandra (East), Mumbai – 400 051 Mumbai – 400 001
Symbol: SAREGAMA Scrip Code: 532163
Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”) on further acquisition of shares in a Material
Subsidiary.
Dear Sir/ Madam,
Further to our stock exchange intimations dated 28th September, 2023; 11th November, 2023; 25th
November, 2024; 18th January, 2025 and 29th March, 2025 regarding the acquisition of a controlling equity
stake in Pocket Aces Pictures Private Limited (‘Pocket Aces’), we are pleased to inform you that in
accordance with the terms of the Investment Agreement and Shareholders’ Agreement, both dated 28th
September, 2023, Saregama India Limited (‘the Company’) has now acquired 35,635 Equity
shares representing approximately 4.82 % of the issued and paid- up share capital (determined on a fully
diluted basis) of Pocket Aces for a total sale consideration of ~INR 20,05,24,559 (Indian Rupees Twenty
Crores Five Lakhs Twenty Four Thousand Five Hundred Fifty Nine) paid to the selling shareholders of
Pocket Aces, as third tranche sale consideration. Post-Acquisition, the Shareholding of the Company in
Pocket Aces has increased to 95.76 %.
The details as required under Regulation 30 read with Schedule III Part A Para A of SEBI Listing Regulations
and the SEBI Master Circular vide HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026
is enclosed as Annexure A.
This information is available on the website of the Company www.saregama.com.
You are requested to kindly take the abovementioned on record.
Yours Faithfully,
For SAREGAMA INDIA LIMITED
Nayan Misra
Company Secretary & Compliance Officer
Membership no- A26243
SAREGAMA India Limited, 33, Jessore Road, Dum Dum, Kolkata - 700 028, India.
Tel: +91 33 2551 2984, Fax: +91 33 2550 0817, Web: www.saregama.com
CIN: L22213WB1946PLC014346 Email ID: co.sec@saregama.com
Annexure A
Disclosure pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI
Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026
Sr. Details of the event to be provided Information of such event
a) Name of the target entity, details in brief Pocket Aces Pictures Private Limited (“Pocket
such as size, turnover etc.; Aces”)
Turnover of F.Y. 25-26 : Rs. 14,217.58 Lakhs
Brief details: Pocket Aces is a Youth focussed
digital content creator and publisher, boasts of an
IP catalogue of over 35000 content pieces ranging
across web series, sketches, music videos and
reels on its channels Filter Copy, Nutshell and
Gobble, and releases over 15 new pieces of
content every day. The company’s talent
management arm, Clout, manages over 215 digital
talent, and its long-form studio, Dice Media, has
created relatable youth-centric web series across
OTT platforms such as Netflix, Hotstar, and
Amazon.
b) Whether the acquisition would fall The Company has purchased shares from multiple
within related party transaction(s) and selling security holders of Pocket Aces. One of
whether the promoter/ promoter these selling shareholders is a Managing director
group/ group companies have any of Pocket Aces and Pocket Aces being a Material
interest in the entity being acquired? If Subsidiary of the Company, the share acquisition
yes, nature of interest and details between the Company and such selling
thereof and whether the same is done at shareholder (also director) of Pocket Aces will be
“arm’s length”; considered a related party transaction and such
transaction is on arm’s length basis.
Acquisition of shares by the Company from other
selling shareholders is not a related party
transaction.
c) Industry to which the entity being Digital Entertainment.
acquired belongs;
SAREGAMA India Limited, 33, Jessore Road, Dum Dum, Kolkata - 700 028, India.
Tel: +91 33 2551 2984, Fax: +91 33 2550 0817, Web: www.saregama.com
CIN: L22213WB1946PLC014346 Email ID: co.sec@saregama.com
Sr. Details of the event to be provided Information of such event
d) Objects and impact of acquisition Consolidation of holding of the Company in Pocket
(including but not limited to, disclosure Aces.
of reasons for acquisition of target
entity, if its business is outside the main [Impact: Acquiring further shares in Pocket Aces
line of business of the listed entity); will consolidate the Company's holding in Pocket
Aces and further strengthen the existing synergies
across the artiste & influencer management and
long-format video creation businesses of the two
companies, which were created when Pocket Aces
became a material subsidiary of the Company.]
e) Brief details of any governmental or Not Applicable
regulatory approvals required for the
acquisition;
f) Indicative time period for completion of The Acquisition has been completed on [22nd July,
the acquisition; 2026.]
g) Consideration - whether cash Cash consideration.
consideration or share swap or any
other form and details of the same;
h) Cost of acquisition and/ or the price at The aggregate purchase consideration being paid
which the shares are acquired; for this transaction is ~INR 20,05,24,559 (Indian
Rupees Twenty Crores Five Lakhs Twenty-Four
Thousand Five Hundred Fifty-Nine).
i) Percentage of shareholding / control Post-acquisition of aforesaid securities of Pocket
acquired and / or number of shares Aces through secondary acquisition, the holding
acquired; percentage of the Company in Pocket Aces shall
increase to 95.76 %.
j) Brief background about the entity Pocket Aces is a digital entertainment company. It
acquired in terms of products/line of is one of the few companies with a holistic
business acquired, date of presence across digital media ecosystem. It
incorporation, history of last 3 years manages influencers across categories, produces
turnover, country in which the acquired long form content across platforms, and publishes
entity has presence and any other snackable short form content.
significant information (in brief);
Pocket Aces was incorporated on 10th December,
2013, under the provisions of Companies Act,
2013, having its registered office in Mumbai.
Pocket Aces’ last three years Turnover are as
follows:
Financial Year (INR Lakhs)
2025-26- 14,217.58
SAREGAMA India Limited, 33, Jessore Road, Dum Dum, Kolkata - 700 028, India.
Tel: +91 33 2551 2984, Fax: +91 33 2550 0817, Web: www.saregama.com
CIN: L22213WB1946PLC014346 Email ID: co.sec@saregama.com
Sr. Details of the event to be provided Information of such event
2024-25 - 10,533.19
2023-24 - 8859.17
Yours Faithfully,
For SAREGAMA INDIA LIMITED
Nayan Misra
Company Secretary & Compliance Officer
Membership no- A26243
SAREGAMA India Limited, 33, Jessore Road, Dum Dum, Kolkata - 700 028, India.
Tel: +91 33 2551 2984, Fax: +91 33 2550 0817, Web: www.saregama.com
CIN: L22213WB1946PLC014346 Email ID: co.sec@saregama.com