B.A.G Films and Media Limited (BAGFILMS) — Corporate Action

1 Corporate Action 🔴 High Importance Neutral 📄 PDF

📢 Key Event
Promoter Skyline Tele Media Services converted 1,02,00,000 warrants into equity shares.

🔄 What Changed
Promoter shareholding increased from 49.37% to 51.74% post-allotment.

B.A.G Films and Media Limited announced the allotment of 1,02,00,000 fully paid-up equity shares of Rs. 2 each at Rs. 8.25 per share (including Rs. 6.25 premium) following conversion of 1,02,00,000 warrants by promoter Skyline Tele Media Services Limited. This increased promoter shareholding from 49.37% to 51.74% post-allotment. The allotment was approved by the Securities Committee on June 27, 2026, and involved receipt of Rs. 6,31,12,500 as 75% balance consideration.

2 Corporate Action 🔴 High Importance Neutral 📄 PDF

🔄 What Changed
Promoter shareholding increased from 49.37% to 51.74%

💡 Investor Takeaway
Promoter control strengthens with new equity shares issued at Rs 8.25 each.

BAGFILMS announced the conversion of 1,02,00,000 warrants held by Skyline Tele Media Services Limited into fully paid equity shares at Rs 8.25 per share, increasing promoter stake from 49.37% to 51.74% and boosting paid-up capital to Rs 43.58 crores. The allotment was approved by the Securities Committee on June 27, 2026, following shareholder approval on February 11, 2026.

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