Acquisitions16 Dec 2025, 03:57 pm
Saregama India Acquires Bhansali Productions for INR 325 Crores
AI Summary
Saregama India Limited has approved the acquisition of Bhansali Productions Private Limited (BPPL) through the execution of an Investment Agreement, a Shareholders Agreement, a Music Rights Agreement, and other transaction related documents. The acquisition involves the subscription of 9,960 number compulsory convertible preference shares (CCPS) by the Company in BPPL for a consideration of INR 325 Crores and the terms of conversion of such CCPS. The strategic investment in BPPL further reinforces the Company’s leadership in the Music Licensing business and expands its presence in the Video business.
Key Highlights
- Saregama India to acquire Bhansali Productions for INR 325 Crores
- The acquisition involves the subscription of 9,960 number compulsory convertible preference shares (CCPS) by the Company in BPPL
- The strategic investment in BPPL further reinforces the Company’s leadership in the Music Licensing business and expands its presence in the Video business
- BPPL is engaged in the business of media and entertainment including inter-alia, creation, production, distribution and monetization of long-form content such as feature films, web series, music content, etc.
- On the basis of audited financials, the turnover of BPPL for the financial year ended March 31, 2025 was Indian Rupees 304 Crore