Sub: Notice of the meeting of the Equity Shareholders of Saregama India Limited ("Company") convened pursuant to the directions of the Hon'ble National Company Law Tribunal, Kolkata Bench ("Tribunal")
Ref: In the matter of Scheme of Arrangement between Saregama India Limited ("Company" or "Demerged Company") and Digidrive Distributors Limited ("Resulting Company") and their respective shareholders and creditors ("Scheme"), under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 ("Act")
This is to inform you that by an order dated 18th November, 2022 ("Tribunal Order"), the Hon'ble Tribunal has directed meeting to be held of the Equity Shareholders of the Demerged Company.
In pursuance of the Tribunal Order and as directed therein and in compliance with the applicable provisions of the Companies Act, 2013 ("Act"), Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant Ministry of Corporate Affairs (MCA) circulars, as applicable, further notice is hereby given that meeting of the Equity Shareholders of the Company will be held through Video Conferencing ("VC") / Other Audio Visual Means ("OAVM") on Wednesday, 21st December 2022.
The details such as manner of (i) casting vote through e-voting and (ii) attending the meeting through VC / OAVM have been set out in the notice of the meeting.
An Equity Shareholder, whose name is recorded in the Register of Members or in the Register of Beneficial Owners maintained by the Depositories as on the cut-off date, i.e., Wednesday, 14th December, 2022 only shall be entitled to exercise his/ her/ its voting rights on the resolution proposed in the notice and attend the meeting of the Equity Shareholders. Voting rights of an Equity Shareholder/ beneficial owner (in case of electronic shareholding) shall be in proportion to his/ her/ its shareholding in the paid-up equity share capital of the Company as on the cut-off date, i.e., Wednesday, 14th December, 2022.
SAREGAMA India Limited, 33, Jessore Road, Dum Dum, Kolkata - 700 028, India.
5. Copy of the notice and statement under Sections 230 and 232 read with Section 102 and other applicable provisions of the Act read with Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, of the Equity Shareholders meeting is attached.
Kindly acknowledge the aforementioned information and oblige.
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Saregama India Limited published this content on 19 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 November 2022 17:28:04 UTC.
Saregama India Limited is an India-based music label, film studio and multi-language television content producer. The Company's segments include Music, Films/Television Serials and Events. The Music segment is primarily engaged in the business of manufacturing and sale of music storage devices, such as Music Card, Audio Compact Discs, Digital Versatile Discs and dealing with related music rights. The Film/ Television Serials segment is also engaged in production and sale/telecast/broadcast of films/ television serials, pre-recorded programs and dealing in film rights. The Company is global owner of both sound recording and publishing copyrights of Indian music across 14 different languages. Its portfolio includes intellectual property rights of over 4000 hours of television content produced for channels in Hindi, Tamil, Telugu, Kannada, Malayalam and Bengali languages. Yoodlee Films is its film production venture.
SAREGAMA INDIA LIMITED 
