SAREGAMA

- Saregama India Limited informed the stock exchanges about the audio link of the analyst/investor conference call for Q2 FY27. - The earnings conference call was held on Wednesday, November 4, 2026, at 03:00 P.M. (IST). - The audio recording is made available on the company's website.

Q2 FY27 Consolidated Revenue ₹314.30Cr vs ₹230.03Cr (▲37% YoY) EBITDA ₹105.96Cr vs ₹68.77Cr (▲54% YoY) PAT ₹64.17Cr vs ₹43.83Cr (▲46% YoY) EBITDA Margin 33.71% vs 29.89% (▲382bps) Board approved closure of Saregama FZE, Dubai and voluntary liquidation of Kolkata Metro Networks Limited

- Saregama India Limited announced that its Board of Directors approved the voluntary liquidation of Kolkata Metro Networks Limited, a wholly owned subsidiary of the company, on November 4, 2026.

- Q2 FY27 Revenue from Operations grew 37% YoY to ₹3,143 Mn. - Adjusted EBITDA increased 39% YoY to ₹1,180 Mn, while PBT rose 43% YoY to ₹858 Mn. - Music revenue expanded 35% YoY to ₹2,513 Mn, while Live Events revenue surged 101% YoY to ₹447 Mn.

- Q2 FY27 Revenue from Operations grew 37% YoY to ₹3,143 Mn. - Adjusted EBITDA increased 39% YoY to ₹1,180 Mn; PBT rose 43% YoY to ₹858 Mn. - Music segment revenue up 35% YoY to ₹2,513 Mn, while Live Events revenue surged 101% YoY to ₹447 Mn.

Q2 FY27 Consolidated Revenue ₹314.30Cr vs ₹230.03Cr (▲37% YoY) EBITDA ₹105.96Cr vs ₹68.77Cr (▲54% YoY) PAT ₹64.17Cr vs ₹43.83Cr (▲46% YoY) EBITDA Margin 33.71% vs 29.89% (▲382bps)

Concall Schedule Concall Date: Wednesday, 4th November, 2026 Concall Time: 03:00 p.m. (IST)

- The Nomination and Remuneration Committee approved the grant of 10,50,000 stock options to an eligible employee on 30th September, 2026. - Each option is convertible into one fully paid-up equity share of face value Re. 1/-. - The exercise price is set at ₹496.70 per share under the Saregama Employee Stock Option Scheme 2013.

- Trading window for dealing in securities of the company will close from October 1, 2026. - Closure remains effective until 48 hours after the declaration of Q2 and half-year ended September 30, 2026 financial results. - Applies to all Designated Persons and their immediate relatives.

- Saregama India Limited management to participate in a Non-Deal Roadshow (NDR). - Date: 8th - 9th September, 2026. - Venue: United Arab Emirates.

- Saregama India Limited announced a leadership succession at its subsidiary, Pocket Aces, effective October 1, 2026. - Aditi Shrivastava will transition from CEO to a strategic board position, while Vinay Pillai will be elevated to CEO of Pocket Aces.

- Saregama India Limited reported strong Q1 FY27 results with revenue from operations growing 27% YoY to ₹263.6 crores, adjusted EBITDA increasing 69% YoY to ₹112.4 crores, and operational PBT up 38% YoY to ₹70.5 crores. - The music vertical saw robust growth, with revenue up 39% YoY to ₹230.6 crores and EBITDA up 36% YoY to ₹139.8 crores. - The company maintained its medium-term guidance for music vertical revenue growth at 20-23% YoY and annual music EBITDA margin guidance of 60-65%. - New music content investment for the year is projected to be between ₹300-350 crores. - The video vertical revenue declined 52% to ₹17 crores, attributed to a conscious decision to wind down the films business and channel investments through Bhansali Productions. - Saregama is bullish on the Indian subscription market, aiming for 100 million paid subscribers at ~₹100/month if free content supply is curtailed. - Live Events is identified as the fastest-growing vertical, and Pocket Aces achieved breakeven in FY26, now moving towards profitability.

- Concall Schedule - Concall Date: 14th August, 2026 - Conference: EMKAY Confluence 2026 Investor Conference - Venue: Mumbai

- Audio Link for Q1FY27 Earnings Conference Call made available by Saregama India Limited. - The call was held on August 4, 2026, at 3:00 P.M. (IST) for the quarter ended June 30, 2026. - The audio link is available on the company's website.

- Consolidated Revenue ₹26,360 Lakhs vs ₹20,677 Lakhs (▲27.5% YoY) - EBITDA ₹9,632 Lakhs vs ₹6,952 Lakhs (▲38.6% YoY) - PAT ₹5,188 Lakhs vs ₹3,651 Lakhs (▲42.1% YoY) - EBITDA Margin 36.5% vs 33.6% (▲290bps)

- Consolidated Revenue ₹2,636 Mn vs ₹2,076 Mn (▲27% YoY) - EBITDA ₹1,124 Mn vs ₹665 Mn (▲69% YoY) - PAT ₹705 Mn vs ₹511 Mn (▲38% YoY) - EBITDA Margin 42.6% vs 32.0% (▲1060bps)

- Consolidated Revenue ₹263.60 Cr vs ₹206.77 Cr (▲27.5% YoY) - EBITDA ₹92.11 Cr vs ₹55.29 Cr (▲66.6% YoY) - PAT ₹51.88 Cr vs ₹36.51 Cr (▲42.1% YoY) - EBITDA Margin 34.9% vs 26.7% (▲820bps)

- Concall Schedule - Concall Date: August 4, 2026 - Concall Time: 3:00 PM (IST)

- Concall Schedule - Concall Date: Tuesday, 4th August, 2026 - Concall Time: 03:00 p.m. (IST)

- Corporate Presentation filed on July 24, 2026, highlighting FY26 Adjusted EBITDA of ₹4,047Mn (▲13% YoY, 41% margin). - Focus on leveraging India's digital boom as a content IP company with 1,80,000+ songs and 650Mn+ audience.

- Saregama India Ltd. acquired an additional 4.82% stake (35,635 equity shares) in its material subsidiary, Pocket Aces Pictures Private Limited, for ~₹20.05 Cr. as a third tranche sale consideration. - This acquisition, completed on July 22, 2026, increases Saregama's total shareholding in Pocket Aces to 95.76%. - The move aims to consolidate Saregama's holding and strengthen synergies in the digital entertainment business.