Saregama India Board approves formation of 100% Subsidiary
Saregama India Ltd has informed BSE that the Committee of Directors has approved the proposal for formation of the proposed new Company Saregama Films Ltd, which will a 100% subsidiary of the Company for film production etc.The Company has further informed BSE that Mr V B Menon recently resigned from the Board of Directors of the Company. Saregama Board approves acceptance of Fixed Deposits on Private Placement basis
The Board of Directors of Saregama India Ltd has approved the proposal for acceptance of fixed deposit on private placement basis. Saregama India announces change in management structure
Saregama India Ltd has informed BSE about certain organisational changes in the company. As per the changes Mr Harish Dayani shall be taking charge as Chief Executive of the newly formed division of Film Production. Mr Raj Grover will continue to function as CEO International Operations and look into the operations of Hamara CD. Saregama India Board approves in-principle to invest in the Equity of Min Bimbangal
Saregama India Ltd has informed BSE that the Board of Directors has approved in-principle the proposal for investment in the Equity of Min Bimbangal, a leading television content provider in South India. Saregama India announces Q2 results
Saregama India Ltd has posted a net loss of Rs 118.90 million for the quarter ended September 30, 2002 as compared to a net profit of Rs 1.60 million for the quarter ended September 30, 2001. Total Revenue has decreased from Rs 368.50 million in the quarter ended September 30, 2001 to Rs 236.40 million in the quarter ended September 30, 2002. Saregama Q2 results on October 31, 2002
A meeting of the Board of meeting of the Board of Directors of Saregama India Ltd will be held on October 31, 2002 to consider the unaudited financial results for the quarter ended September 30, 2002. Saregama issues outlook
Saregama India Ltd has acquired music rights of films of major banners like Yash Chopra, Rajshri, Ramesh Sippy etc to be released during this year. The successful negotiations with the producers have reduced the commitments for these music rights. Television software is doing well and will contribute to the bottomline Tie-up with Warner Home Video ABP group will bolster revenue. There will be also increased income for publishing stream. Growth in... Saregama India fixes Book Closure
The Board of Directors of Saregama India Ltd has decided that the Register of Members and Share Transfer Books of the company will remain closed from September 19, 2002 to September 26, 2002 (both days inclusive) for the purpose of Annual General Meeting. Saregama India Q1 net loss at Rs 131.50 million
Saregama India Ltd has posted a net loss of Rs 131.50 million for the quarter ended June 30, 2002 as compared to a net loss of Rs 6.50 million for the quarter ended June 30, 2001. Total Income has decreased from Rs 296.80 million for the quarter ended June 30, 2001 to Rs 236.50 million in the quarter ended June 30, 2002.Commenting on the performance of the Company, Mr Abhik Mitra, Managing Director said that the loss in the current quarter... Saregama India Q1 results on July 30, 2002
Saregama India Ltd has informed BSE that a meeting of the Board of Directors will be held on July 30, 2002 for approval of unaudited financial results (provisional) of the Company for the quarter ended June 30, 2002.