ReferIndia News STEL Holdings Limited Acquires 3,50,000 Equity Shares of Saregama India Limited for Rs. 12.44 Crores

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STEL Holdings Limited Acquires 3,50,000 Equity Shares of Saregama India Limited for Rs. 12.44 Crores

Published on: March 16, 2026, 11:50 p.m. | Source: scanx.trade

STEL Holdings Limited acquired 3,50,000 equity shares of Saregama India Limited for approximately Rs. 12.44 crores through market purchase on March 16, 2026. The transaction, conducted at Rs. 355.70 per share, represents a 0.18% stake increase in the media and entertainment company. As a promoter group member already holding 0.26% of Saregama shares, STEL Holdings completed this acquisition in the ordinary course of business without requiring regulatory approvals.

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