B.A.G Films and Media Limited — Important, 19-03-2026: Committee Meeting Updates

B.A.G. Films and Media Limited's Securities Committee has approved the preferential allotment of 2 crore fully convertible warrants to Promoter Group member Skyline Tele Media Services Limited. Each warrant is convertible into one equity share with a face value of Rs. 2, issued at Rs. 8.25. The company received Rs. 4.125 Cr, representing 25% of the total issue size of Rs. 16.50 Cr. The remaining 75% will be paid within 18 months upon conversion. This move brings capital into the company from its promoter group, with future equity dilution expected upon full conversion.