AD Agencies
Srinivasan Swamy & family increase promoters stake in RK Swamy
MUMBAI: Things should be cooling off as the New Year approaches with folks winding down their assignments, getting ready to take some time off, right?
But that was not the case with the promoters of India’s only BSE and NSE-listed marketing services provider R K Swamy.
The promoters were busy consolidating their holding in the agency. Through an off market transaction, they bought 3.56 per cent holding that US investment fund Evanston Pioneer Fund LP had invested in the group in 2018-19.
Srinivasan K Swamy and Narasimhan K Swamy concluded the transaction on 27 December 2024 at the market price of Rs 249.64 per share.
With this buy out, the promoter and promoter group hold 69.6 per cet of the equity paid up capital of the company. Following this, Evanston Pioneer Fund withdrew the nomination of Pattabhi Kothandapani Raman from the company’’s board in accordance with the shareholders agreement.
The company informed the stock exchange about the buyout on 30 December 2024 and about the change in the board on 31 December.
AD Agencies
Advertising Rocks Season 4 returns to Goafest 2026 with musical flair
Industry talent takes centre stage as music meets creativity at Goafest
MUMBAI: The spotlight is back on music and marketing as Advertising Rocks Season 4 gears up for a high-energy return at Goafest 2026, promising a louder and more vibrant celebration of creative talent within the industry.
Now in its fourth edition, the platform continues to carve a niche as a space where professionals from advertising, media and marketing step beyond boardrooms to showcase their musical side. Open to solo and duet performers, the competition will unfold across multiple rounds before culminating in a live finale at the festival. Shortlisted participants will also receive complimentary access to Goafest, adding to the appeal.
Each category will feature four finalists, with winners decided through a mix of jury evaluation and audience votes, making the experience interactive as well as competitive. The stakes are equally compelling, with cash prizes ranging from Rs 25,000 to Rs 1,00,000 across categories.
Reflecting on the journey so far, BBH former CEO Subhash Kamath said, “This will be the 4th edition of Advertising Rocks and every year, it’s become better and better. We have some amazing musical talent in our industry and what better stage to perform than at Goafest. I hope we get more entries this time and I’m really looking forward to hearing some fabulous talent.”
Echoing the sentiment, Havas Media Network India chief executive officer Mohit Joshi said, “Season 4 of Advertising Rocks perfectly captures the spirit of our industry, where creativity doesn’t end at the workplace, it finds expression in many forms. At Goafest 2026, we are excited to bring back Season 4, bigger and more vibrant, giving professionals a platform to showcase their musical talent.”
Registrations for the competition are currently open, with entries accepted until April 30. Participants are invited to submit their performances and take a shot at the stage.
Co-hosted by the Advertising Agencies Association of India and The Advertising Club, Goafest 2026 will be held from May 20 to 22 in Goa. With Advertising Rocks returning to the lineup, the festival is set to strike a chord that goes well beyond advertising, blending ideas with rhythm and a touch of showmanship.
