Saregama India expands to Dubai, appoints new company secretary

Saregama India Ltd's board of directors approved the appointment of Nayan Kumar Misra as the company secretary and compliance officer, effective September 5, 2025. Misra, a commerce graduate and company secretary with over 15 years of experience in finance, secretarial, and legal functions, will also be a key managerial personnel (KMP).

In addition to Misra, managing director Vikram Mehra and chief financial officer Pankaj Mahesh Chaturvedi have been authorized as key managerial personnel to determine the materiality of events for stock exchange disclosures.

The board also approved the incorporation of a wholly owned subsidiary in Dubai Mainland, to be named 'Saregama Performing Arts and Music Festivals LLC'. This entity, with a proposed initial paid-up capital of up to AED 1 million, aims to tap into the Middle East Asia region's business potential through live events, licensing of audio-video content, and collaborations with artists and creators. The acquisition will result in the new subsidiary becoming a related party of Saregama India Ltd.