Saregama India Limited
ICICI Prudential Life Insurance increased its stake in Saregama India from 1.08% to 1.18%, acquiring 1,83,832 shares worth ₹9.16 crore at ₹498.50 apiece.
India's oldest music label, established in 1902, operates as a diversified content company spanning music, films, and digital platforms. The company owns an extensive catalog of Indian music and film content while developing new revenue streams through consumer electronics and original film production. Saregama distinguishes itself by leveraging its heritage catalog to capitalize on growing digital consumption trends across India and global markets, positioning itself as a pure-play content enterprise.
Joint venture between ICICI Bank and Prudential plc. Total AUM in excess of Rs 3.2 lakh crore deployed across linked, participating and non-participating funds. CIO Manish Kumar has run the equity book for over a decade, with style biased to quality large and mid-caps. Active across primary and secondary markets through ULIP and group fund mandates.