Pursuant to Regulation 32 of the SEBI Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated 11th July, 2023, Saregama India has informed that there are no deviation(s) or variation(s) in respect of the utilization of the proceeds of the Qualified Institutions Placement (‘QIP’) of the Company during the quarter ended on 30th September, 2024, as mentioned in the use of proceeds (purpose of this issue) of the Placement Document dated 10th November, 2021. It has enclosed a statement in this regard. The aforesaid statement has been reviewed by the Audit Committee in its meeting held on 5th November, 2024.
The above information is a part of company’s filings submitted to BSE.