Saregama India Limited has officially completed the incorporation of its Wholly Owned Subsidiary, Saregama Performing Arts and Music Festivals L.L.C S.O.C, in Dubai Mainland, UAE. The Certificate of Incorporation was issued on February 20, 2026. This new entity is capitalized with AED 10,00,000, with 100% shareholding retained by the parent company. The subsidiary will focus on events, artist management, and live theatrical productions.
Establishment of International Subsidiary Confirmed
Further to the prior intimation regarding Board approval, Saregama India Limited confirms the successful incorporation of its new international subsidiary in the United Arab Emirates (UAE). The entity, named “Saregama Performing Arts and Music Festivals L.L.C S.O.C”, is based in the Dubai Mainland.
Key Incorporation Details
The official Certificate of Incorporation/Commercial License was issued on 20th February, 2026. The subsidiary is a wholly owned subsidiary of Saregama India Limited and is therefore classified as a related party.
Business Focus and Operations
The core business mandate for the Dubai-based entity revolves around Digital Entertainment. Specifically, the subsidiary has been established to manage and carry on the business of Performing Arts & Music Festivals. This includes, but is not limited to, Events Organizing & Managing, Musical Band operations, Laser & Light Shows, Artist Talent Contracting, Live Theatrical Show Production, and Visual Arts Festivals.
Capital Structure and Shareholding
The incorporation involved a Cash consideration. The entity has been incorporated with a total capital of AED 10,00,000, which is divided into 1000 Shares, with each share valued at AED 1000. The parent company, Saregama India Limited, holds 100% of the shareholding/control in the newly formed entity.
Source: BSE
