Skip to main content

MoneyWorks4Me

Saregama India to demerge publication division of its WOS

26 May 2016 Evaluate

Saregama India has received an approval for scheme of arrangement involving demerger of publication division of its wholly owned subsidiary (WOS), Open Media Network to the company with effect from April 01, 2016. The board of directors at its meeting held on May 25, 2016 has approved for the same.

Saregama India is an India-based company engaged in the digital distribution of its music catalogue across various languages and genres. The Company's segments consists Music, which includes manufacturing and sale of music cassettes and compact/digital discs etc.


Peers
Company Name CMP
PVR Inox 1492.25
Saregama India 546.00
Shemaroo Entertain. 101.00
UFO Moviez India 60.53
Tips Music 780.25
View more..