Saregama India Limited — JV/Acquisition, 19-11-2025: Acquisition

Saregama, through its material subsidiary Pocket Aces Pictures (PAPPL), has completed the acquisition of **Finnet Media Private Limited**, acquiring a **100% equity stake**. This strategic move makes Finnet a Wholly Owned Subsidiary of PAPPL. Initially, 3 lakh equity shares were acquired. An additional 2.88 lakh Optionally Convertible Preference Shares will also be acquired in two years, based on transaction document pricing. This significant consolidation enhances Saregama’s operational control.