Digicontent Limited has approved the assignment and transfer of the domain and intellectual property associated with its in-store music business, branded as "Fabplay," to Audesy Mediatech Private Limited. The transaction, valued at ₹1 crore, was authorized by the Board of Directors via resolution passed by circulation on October 1, 2026.

The company disclosed this development to stock exchanges under Regulation 30 Para B (5) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing specifies that the agreement is binding and falls outside the normal course of business, necessitating specific disclosure under the SEBI Master Circular dated January 30, 2026.

Transaction Details

The assignment involves the complete transfer of digital assets and intellectual property rights linked to the Fabplay brand. The consideration for this transfer is fixed at ₹1 crore, subject to the terms and conditions outlined in the agreement. The counterparty, Audesy Mediatech Private Limited, holds no shareholding in Digicontent.

Regulatory and Structural Implications

The disclosure confirms that the transaction does not constitute a related party transaction. Furthermore, there are no special rights attached to the agreement, such as the right to appoint directors or restrictions on capital structure changes. The company stated that no shares are being issued to the parties involved, and the arrangement does not involve any loan agreements or security provisions.

Since the source document provides limited financial data beyond the transaction value, a broader analytical observation regarding revenue impact or margin changes cannot be derived. The primary focus remains on the divestment of the Fabplay asset base.

Digicontent Limited disclosed that its material unlisted wholly owned subsidiary, HT Digital Streams Limited (HTDS), has approved a proposal to buy back up to 29,26,820 fully paid-up equity shares.

The buyback price is set at ₹87.68 per equity share of face value ₹10 each. This transaction represents 25% of the total equity share capital of HTDS. The board approval was granted on September 28, 2026.

Buyback specifics

The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The key parameters of the proposed buyback are outlined below:

Shareholding impact

The company clarified that this corporate action will not entail any change in the shareholding pattern of HTDS. The entity will continue to remain a wholly owned subsidiary of Digicontent Limited following the completion of the buyback process.