Target Entity: Pocket Aces Pictures Private Limited

Type of Deal: Acquisition of minority stake (secondary acquisition from selling shareholders)

Stake/Capacity: 35,635 Equity shares representing approximately 4.82% of the issued and paid-up share capital (determined on a fully diluted basis)

Deal Value: ₹20,05,24,559 (Indian Rupees Twenty Crores Five Lakhs Twenty Four Thousand Five Hundred Fifty Nine)

Funding Source: Cash consideration

Financial Impact:

  • Post-acquisition shareholding of Saregama in Pocket Aces increased to 95.76%
  • Pocket Aces financial performance:
  • FY 2025-26 Turnover: ₹14,217.58 Lakhs (₹142.18 crore)
  • FY 2024-25 Turnover: ₹10,533.19 Lakhs (₹105.33 crore)
  • FY 2023-24 Turnover: ₹8,859.17 Lakhs (₹88.59 crore)

Timeline: Acquisition completed on 22nd July, 2026

Strategic Rationale:

  • Consolidates the Company's holding in Pocket Aces
  • Strengthens existing synergies across artiste & influencer management
  • Enhances long-format video creation businesses of both companies
  • Builds on synergies created when Pocket Aces became a material subsidiary of Saregama

Approval Status: Completed transaction as per terms of Investment Agreement and Shareholders' Agreement dated 28th September, 2023

Additional Details:

  • Pocket Aces is a youth-focused digital content creator and publisher
  • Boasts IP catalogue of over 35,000 content pieces across web series, sketches, music videos and reels
  • Operates channels Filter Copy, Nutshell and Gobble
  • Releases over 15 new pieces of content daily
  • Talent management arm Clout manages over 215 digital talents
  • Long-form studio Dice Media creates youth-centric web series for OTT platforms (Netflix, Hotstar, Amazon)
  • Incorporated on 10th December, 2013
  • Registered office in Mumbai
  • Part of transaction considered related party transaction as one selling shareholder is Managing Director of Pocket Aces
  • Transaction conducted at arm's length basis

Reference Regulation: SEBI Regulation 30 read with Schedule III Part A Para A of SEBI Listing Regulations and SEBI Master Circular vide HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January, 2026