Saregama India Ltd has appointed Mr. Abhishek Kapoor as its Chief Financial Officer (CFO) and Key Managerial Personnel effective July 15, 2026. The Board of Directors approved the appointment based on the recommendations of the Nomination and Remuneration Committee and Audit Committee. Mr. Kapoor brings over 25 years of experience across listed companies and consumer-driven organizations, including Media & Entertainment, FMCG, Beverages, and Manufacturing.

To ensure continuity in the office of the CFO, the Board also appointed Mr. Kuldeep Kothari as Interim CFO and Key Managerial Personnel with immediate effect from June 24, 2026. Mr. Kothari will hold the position until July 14, 2026, the day before Mr. Kapoor assumes office. He has been associated with Saregama India for seven years, holding various leadership positions in the finance function.

Profile of Appointees

Mr. Abhishek Kapoor is a Chartered Accountant with an executive specialization in Strategy Management from IIM Kozhikode. He presently serves as the CFO of Sula Vineyards Limited, a listed entity and India's leading wine company. Mr. Kuldeep Kothari is a qualified finance professional with over 23 years of experience in finance, accounts, treasury, budgeting, financial reporting, internal controls, taxation, and regulatory compliance.

Appointment Details

The appointments are in compliance with the applicable provisions of the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Composure Services Private Limited has disclosed its shareholding status in Saregama India Limited for the financial year ended March 31, 2026. The entity confirmed that it held 10,65,91,243 shares as of March 31, 2026, and that no encumbrance was created on these shares during the period.

Disclosure Details

The declaration was submitted to the BSE Limited and the National Stock Exchange of India Ltd. in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. This regulation requires disclosures regarding shareholding and any encumbrance thereon.

The communication was addressed to the listing departments of both exchanges as well as the Audit Committee of the Board of Saregama India Limited. Composure Services Private Limited confirmed that the shares were not encumbered directly or indirectly throughout the financial year.