Dec 16 (Reuters) - Saregama India Ltd SARE.NS:
BOARD APPROVES ACQUISITION OF BHANSALI PRODUCTIONS
TO SUBSCRIBE 9960 CCPS IN BPPL FOR 3.25 BILLION RUPEES
SAREGAMA INDIA LTD - TO BUY OWNERSHIP OF ALL BPPL'S MUSIC RIGHTS
ON EXERCISE OF PREFERENCE SHARES CONVERSION, SHAREHOLDING IN BPPL SHALL INCREASE TO 51%
INVESTMENT IN BHANSALI PRODUCTIONS PRIVATE LIMITED IS EXPECTED TO BE EPS ACCRETIVE FOR SAREGAMA BY FY27
Source text: ID:nBSE6VPvBp
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