Saregama India board approves closure of Saregama FZE, Dubai

The board of Saregama India at its meeting held on 04 November 2026 has approved the closure/liquidation/dissolution or deregistration of Saregama FZE, Dubai, a wholly owned subsidiary of the Company, in accordance with the applicable requirements of Jebel Ali Free Zone Authority (JAFZA), United Arab Emirates and other relevant authorities in the United Arab Emirates, subject to compliance with applicable Indian laws, including the Foreign Exchange Management Act, 1999, the applicable Overseas Investment framework, and completion of all requisite regulatory, tax and statutory formalities.