The Board of Directors at its Meeting held today, i.e., Thursday, 14th May, 2026, has amended the existing Insider Trading Prohibition Code of the Company.
SAREGAMA · price
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Saregama India Ltd's Board of Directors met on 14th May 2026 and approved three key items: (1) Annual Audited Financial Results for Q4 and FY ended 31 March 2026, (2) Authorisation of Key Managerial Personnel to determine materiality of events under SEBI Listing Regulations, and (3) Updated Insider Trading Prohibition Code under SEBI PIT Regulations. Financially, consolidated revenue declined 16% to Rs. 98,462 lakhs from Rs. 1,17,136 lakhs in FY2025, primarily due to significant drops in Video (Rs. 10,841 vs Rs. 19,198 lakhs) and Events (Rs. 6,183 vs Rs. 28,523 lakhs) segments. However, Music segment grew 9.4% to Rs. 68,352 lakhs and Artist Management nearly doubled to Rs. 13,087 lakhs. Despite lower revenues, profit before tax improved marginally to Rs. 28,408 lakhs (vs Rs. 27,607 lakhs) and EPS increased to Rs. 10.73 from Rs. 10.62. The company also completed acquisition of Bhansali Productions Private Limited during the year.
Revenue decline in Video and Events segments is concerning, but strong Music segment performance and improved profitability metrics indicate resilient operations. The updated Insider Trading Code is a routine compliance update with no adverse implications for shareholders.