Saregama Acquires Further Stake in Pocket Aces, Boosting Holding to 95.76%
Saregama India Limited has completed the acquisition of an additional equity stake in Pocket Aces Pictures Private Limited, increasing its overall shareholding in the digital content creator and publisher to 95.76%. The transaction was finalized on July 22, 2026.The acquisition involved Saregama acquiring 35,635 Equity shares representing approximately 4.82% of Pocket Aces’ issued and paid up share capital (on a fully diluted basis). This tranche sale consideration amounted to INR 20,05,24,559, which was paid to the selling shareholders of Pocket Aces.
Post-acquisition, the company's holding in Pocket Aces reached 95.76%. The purchase consolidated Saregama’s interest and strengthens existing synergies across both companies in the artiste and influencer management as well as long form video creation businesses. While one of the sellers was a managing director of Pocket Aces, making that specific transaction a related party matter, the shares acquired from other selling shareholders did not constitute a related party transaction.
Pocket Aces is described as a youth focussed digital content creator and publisher with an intellectual property catalogue exceeding 35,000 content pieces across its channels, Filter Copy, Nutshell, and Gobble. The company also operates Clout, managing over 215 digital talent, and Dice Media, which creates relatable youth-centric web series for OTT platforms such as Netflix, Hotstar, and Amazon.
Financial performance of Pocket Aces, incorporated on December 10, 2013, is detailed below:
| Financial Metric | FY 2023-24 (INR Lakhs) | FY 2024-25 (INR Lakhs) | FY 2025-26 (INR Lakhs) |
|---|---|---|---|
| Turnover | 8,859.17 | 10,533.19 | 14,217.58 |
The acquisition was structured as a cash consideration transaction.
SAREGAMA Stock Price Movement
Saregama India Limited shares shed 5.44% in trading on Wednesday, settling at ₹489.4 after falling by ₹28.10 from its previous close of ₹516.2. The company saw a volume of 398,827 shares traded, despite the stock having previously achieved its 52-week high mark.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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