B.A.G. Films and Media Limited has announced an Extra-Ordinary General Meeting (EGM) to be held on Wednesday, February 11, 2026, at 4:00 PM IST via Video Conferencing (VC/OAVM). The primary purpose of this meeting is to seek shareholder approval for the preferential issuance of up to 2,00,00,000 (Two Crore) Fully Convertible Warrants to Skyline Tele Media Services Limited, a member of the Promoter Group. Each warrant is convertible into one fully paid-up equity share of face value ₹2 each. The issue price for each warrant has been fixed at ₹8.25, resulting in an aggregate amount of up to ₹16,50,00,000 (₹16.5 Crore) for cash.

The company has set Wednesday, February 04, 2026, as the Cut-Off Date for determining the eligible shareholders for e-voting. The remote e-voting period will commence on Saturday, February 07, 2026, at 9:00 AM IST and conclude on Tuesday, February 10, 2026, at 5:00 PM IST. The issuance is in compliance with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and other applicable laws. The warrants are subject to a lock-in period as prescribed by SEBI ICDR Regulations, and conversion into equity shares can occur in tranches within 18 months from the allotment date. The Proposed Allottee is required to pay 25% of the warrant issue price on allotment and the remaining 75% upon exercise of the option to apply for equity shares.