News Summary:
Saregama India announced on August 13, 2026, that Vinay Pillai, currently Chief Business Officer, will assume the role of Chief Executive Officer for its subsidiary Pocket Aces, effective October 1, 2026. Pillai will succeed Pocket Aces co-founder Aditi Shrivastava, who is stepping down from day-to-day executive duties to take a strategic position on the company’s Board. Previously, on August 10, 2026, Saregama India reported consolidated net sales of Rs 263.60 crore for June 2026, marking a 27.48% increase year-over-year. This followed reports of the RPSG Group company experiencing significant growth across its core music, live entertainment, and artiste management businesses for the first quarter ended June 30, 2026 (Q1 FY27), announced on August 5, 2026. Earlier, on August 4, 2026, Saregama India disclosed its Q1 FY27 advertisement and sales promotion expenses marginally increased to Rs 17 crore, while its profit rose 40% year-over-year, propelled by its music and live events segments.
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