Saregama India Limited
Bajaj Allianz Life Insurance initiated a new position in Saregama India, acquiring 21,59,723 shares, representing a 1.12% stake.
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.
Now wholly owned by Bajaj Finserv after the Bajaj Group bought out Allianz SE's 26% stake in March 2025 for Rs 24,180 crore. Total AUM over Rs 1.2 lakh crore. Flagship Pure Stock Fund manages over Rs 7,200 crore as a Shariah-compliant Indian equity book. Active investor across large and midcap names through ULIP and group fund vehicles.