Saregama India Completes INR 325 Crore Acquisition of Bhansali Productions
Saregama India Limited has completed its INR 325 crore acquisition of securities in Bhansali Productions Private Limited on January 30, 2026. The transaction involved subscription of 9,960 compulsory convertible preference shares of face value Rs 10 each, representing 0.0001% stake in BPPL. The acquisition follows the Investment Agreement executed on December 16, 2025, and demonstrates Saregama's strategic expansion in content production capabilities while maintaining full regulatory compliance.
*this image is generated using AI for illustrative purposes only.
Saregama India Limited has successfully completed its acquisition of securities in Bhansali Productions Private Limited (BPPL) for INR 325 crores on January 30, 2026. The transaction represents a significant strategic move by the entertainment company to expand its content portfolio through this substantial investment.
Transaction Details
The acquisition was executed through subscription of compulsory convertible preference shares (CCPS) in BPPL. The company informed stock exchanges that it has completed the subscription process as per the terms outlined in the Investment Agreement executed on December 16, 2025.
| Parameter: | Details |
|---|---|
| Transaction Value: | INR 325 crores |
| Number of CCPS: | 9,960 shares |
| Face Value per Share: | Rs 10 |
| Stake Acquired: | 0.0001% |
| Completion Date: | January 30, 2026 |
Investment Agreement Framework
The transaction is based on an Investment Agreement executed among three parties: Saregama India Limited, Bhansali Productions Private Limited, and Sanjay Navin Bhansali. The agreement was initially announced to stock exchanges on December 16, 2025, providing the framework for this acquisition.
The compulsory convertible preference shares structure allows Saregama to participate in BPPL's growth while maintaining specific conversion terms as outlined in the original agreement. The company has maintained transparency throughout the process by keeping investors informed about each stage of the transaction.
Regulatory Compliance
Saregama India Limited has ensured full compliance with regulatory requirements for this acquisition. The company has fulfilled all obligations under:
- Regulation 30 of SEBI Listing Regulations
- Schedule III Part A Para A (1) of SEBI Listing Regulations
- SEBI Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024
All required details and documentation were submitted to stock exchanges as part of the initial intimation on December 16, 2025. The company has maintained its commitment to regulatory transparency and investor communication throughout the acquisition process.
Strategic Implications
This acquisition marks a significant investment by Saregama India Limited in content production capabilities. The INR 325 crore investment in Bhansali Productions Private Limited demonstrates the company's commitment to expanding its entertainment content portfolio and strengthening its position in the media and entertainment sector.
The completion of this transaction positions Saregama to leverage BPPL's production capabilities while maintaining its focus on content creation and distribution. The company has made this information available on its official website at www.saregama.com for stakeholder reference.
Historical Stock Returns for Saregama India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.48% | +2.07% | -5.68% | -29.85% | -31.01% | +284.32% |
20
