Saregama India Limited — Others, 11-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

SAREGAMA India Limited has announced a board meeting to review the statement confirming no deviations in the utilization of funds raised through its Qualified Institutional Placement (QIP) of ₹750 crore. The recent report for the quarter ending December 31, 2024, indicates funds have been utilized as intended, primarily for content acquisition and corporate purposes. This verification by the Audit Committee supports the company's disciplined financial management. Investors may view this consistency as a positive outlook for SAREGAMA’s operational integrity and commitment to strategic objectives.