B.A.G. Films and Media Limited announced today, January 13, 2026, that its Board of Directors has approved the raising of funds through the issuance of up to 2,00,00,000 (Two Crore) Fully Convertible Warrants. These warrants are convertible into equity shares of face value Rs. 2 each, at an issue price of Rs. 8.25 per warrant. The total amount raised through this preferential issue is Rs. 16,50,00,000 (Rupees Sixteen Crore Fifty Lakh).

The issuance is proposed to be made to a member of the Promoter Group entities, specifically Skyline Tele Media Services Limited, on a preferential basis, in accordance with SEBI ICDR Regulations. This move is subject to the approval of regulatory/statutory authorities and the shareholders of the Company at an ensuing Extra-Ordinary General Meeting (EGM).

To facilitate this, the company will convene an EGM of its shareholders on Wednesday, February 11, 2026, to seek necessary approvals. The meeting will be conducted through video conferencing or other audio-visual means. The warrants have a conversion period of 18 months from the date of allotment, with 25% of the consideration payable at the time of application and the remaining 75% payable at the time of conversion. Failure to exercise the warrants within the stipulated period will result in their lapse and forfeiture of the initial 25% payment.