Corporate Announcement
Security Code : 532163    Company : SAREGAMA    
 
Saregama India - Limited Review for the quarter ended Dec 31, 2006 
  Exchange Disseminated Time     
Saregama India Ltd has informed BSE that in the limited review report of the Company for the quarter ended December 31, 2006, the auditors of the Company have made the following observations:

"Attention is drawn to the following:

Pending valuation of shares in Great Wholesale Club Ltd as mentioned in Note 3 of un-audited financial results for the quarter and nine months ended December 31, 2006, adjustment, if any, in the carrying amount of investments (Rs 2250 lakhs) has not been reflected in the financial results for the quarter and nine months ended December 31, 2006. Accordingly, the auditors are unable to comment on the extent of impact, if any, on the Company's financial results for the quarter and nine months ended December 31, 2006."
 

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