BSEBoard Meeting9h ago · 4 Nov 2026, 12:29 pm

The Board of Directors at its Meeting held today, i.e., Wednesday, 4th November, 2026, has inter-alia considered, approved and taken on record the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended on 30th September, 2026.

Saregama India Ltd · 532163

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Saregama India Ltd has announced its unaudited financial results for the quarter and half year ended September 30, 2026, and has also approved the closure of its wholly-owned subsidiary Saregama FZE, Dubai, and the voluntary liquidation of its wholly-owned subsidiary Kolkata Metro Networks Limited.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Saregama India Ltd - 532163 - Board Meeting Outcome for Board Meeting Outcome Of The Board Of Directors At Its Meeting Held Today, I.E., Wednesday, 4Th November, 2026

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Date: 4th November, 2026 The Manager, The General Manager, Listing Department, The 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: Outcome of Board Meeting held on 4th November, 2026 Dear Sir/ Madam, Pursuant to Regulations 30, 33 and any other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) as amended, we hereby inform you of the outcome of the meeting of the Board of Directors of the Company (‘the Board’), at its Meeting held today, i.e., Wednesday, 4th November, 2026, inter-alia: 1. Approval of Unaudited Financial Results: Considered, approved and took on record the Unaudited Financial Results (Standalone and Consolidated) of the Company, for the quarter and half year ended on 30th September, 2026. A copy of the said Results, along with Limited Review Report issued by the Statutory Auditors of the Company are enclosed as Annexure-A herewith for your record. 2. Closure of Saregama FZE, Dubai, wholly owned subsidiary of the Company: Approved the closure/liquidation/dissolution or deregistration of Saregama FZE, Dubai, a wholly owned subsidiary of the Company, in accordance with the applicable requirements of Jebel Ali Free Zone Authority (JAFZA), United Arab Emirates and other relevant authorities in the United Arab Emirates, subject to compliance with applicable Indian laws, including the Foreign Exchange Management Act, 1999, the applicable Overseas Investment framework, and completion of all requisite regulatory, tax and statutory formalities. The details w.r.t. the above event/disclosure as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026 is enclosed as Annexure- 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 3. Approval for voluntary liquidation of Kolkata Metro Networks Limited, a wholly owned subsidiary of the company: Considered and approved the proposal to initiate the voluntary liquidation of Kolkata Metro Networks Limited (“KMNL”), a wholly owned subsidiary of the Company, pursuant to Section 59 and other applicable provisions of the Insolvency and Bankruptcy Code, 2016, read with the rules and regulations made thereunder, subject to approval of the shareholders of KMNL and completion of other applicable statutory and regulatory requirements. The requisite disclosure pursuant to Regulation 30 of the SEBI Listing Regulations read with the applicable SEBI Master Circular is enclosed herewith as Annexure C. The Meeting of the Board of Directors of the Company commenced at 11:00 A.M. and concluded at 12:20 P.M. This information is available on the website of the Company www.saregama.com. You are requested to kindly take the above on record. Yours Faithfully, For SAREGAMA INDIA LIMITED Nayan Kumar Misra Company Secretary and Compliance Officer Membership No: A26243 Encl: As above 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 BSR&Co. LLP sth Floor, Tower i, Plot No, Bloc- kDP Sector V, Salt Lake, Kolkata — 700091 Chartered Accountants Tel: +91 33 4035 4200 Fax: +91 33 4035 4295 Limited Review Report on unaudited consolidated financial results of Saregama India Limited for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended To the Board of Directors of Saregama India Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Saregama India Limited (hereinafter referred to as “the Parent’), and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) and its share of the net profit after tax and total comprehensive income of its associate for the quarter ended 30 September 2026 and year to date results for the period from 01 April 2026 to 30 September 2026 (the Statement’) (in which are included interim financial information of its employee welfare trusts), being submitted by the Parent pursuant to the requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"). This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 “interim Financial Reporting’ (‘Ind AS 34’), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the Entity’, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the following entities: Parent : Saregama India Limited Subsidiaries : a. Kolkata Metro Networks Limited (wholly owned subsidiary) b. RPG Global Music Limited (wholly owned subsidiary) c . Saregama Limited (formerly known as Saregama Plc.) (Subsidiary) d. Saregama FZE (wholly owned subsidiary) e . Saregama Inc. (step - down subsidiary of Saregama India Limited) f. Pocket Aces Pictures Private Limited (Subsidiary) g. Finnet Media Private Limited (step - down subsidiary of Saregama India Limited) h. Saregama Performing Arts & Music Festivals L.L.C S.O.C (wholly owned subsidiary) i. Bhansali Productions Private Limited (Associate) Registered Office: BSR &Co. (a parinership firm with Registration No. BA61223) converled inlo BS R & Co. LLP (a 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from Oclober 14,2013 Center, Weslem Express Highway, Goregaon (East}, Mumbai - 400063 Page 1 of2 BSR &Co. LLP Limited Review Report (Continued) Saregama India Limited J. Saregama Welfare Trust k. Pocket Aces Employee Benefit Trust 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not dis [Showing first 8,000 characters — download PDF for full document]