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Saregama India receives Rs 32.19 crore from National Insurance Company

16 Apr 2019 Evaluate

Saregama India has received an amount of Rs 32.19 crore from National Insurance Company towards full and final settlement of claim under floater Policy for loss of stocks of Radio Music Player (Carvaan, Carvaan Mini) and Music Cards of the company due to Fire accident on or about April 01, 2019 in Bhiwandi, Mumbai.

Saregama India is engaged in manufacturing, selling and dealing of gramophone records, radio receivers, radiograms, record players, record producers, pick-up cartridges, components and accessories thereof and other allied products. 

Peers
Company Name CMP
PVR Inox 1329.05
Saregama India 500.40
Shemaroo Entertain. 119.75
UFO Moviez India 61.00
Balaji Telefilms 95.70
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