BGIL Films & Technologies Ltd — Important, 15-12-2025: Company Update

BGIL Films & Technologies has withdrawn its application for in-principle approval from BSE for a preferential issue of 5.65 Crore convertible equity warrants to non-promoter allottees. The proposed issue, priced at ₹14 per warrant, was intended to raise ₹79.12 Cr. This withdrawal follows delays in obtaining approval, causing some proposed investors to retract their commitments. The company cannot proceed with the issue in its current form and is now exploring alternative fundraising options, planning to approach the Exchange again with new investor commitments.