India's Saregama rises on widening music footprint with NAV Records acquisition

Saregama India

18/07/2025 09:16

** Music storage devices retailer Saregama India SARE.NS rises as much as 6.75% to 520 rupees; last up 4.9%

** Co acquires NAV Records, a leading player in music of Haryanvi dialect of Hindi

** Deal will see Saregama acquiring NAV's 6,500 tracks across various genres

** Acquisition to also provide SARE with NAV's YouTube channels and subscriber base

** SARE up 10.7% YTD

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))