B.A.G. Films and Media Limited announced on January 13, 2026, that its Board of Directors has approved the issuance of up to 2,00,00,000 (Two Crore) Fully Convertible Warrants to a member of the Promoter Group entities. Each warrant is convertible into one equity share of face value Rs. 2/-, at an issue price of Rs. 8.25/- per warrant. This preferential issuance aims to raise Rs. 16,50,00,000/- (Rupees Sixteen Crore Fifty Lakh).

The issuance is subject to the approval of regulatory authorities and the company's shareholders at an upcoming Extra-Ordinary General Meeting (EGM). The Relevant Date for SEBI ICDR Regulations is January 12, 2026.

Furthermore, the company has scheduled an EGM for its shareholders on Wednesday, February 11, 2026. This meeting will be conducted through video conferencing or other audio-visual means to seek necessary approvals for the proposed warrant issuance. The company also confirmed that the board meeting commenced at 5:00 p.m. and concluded at 6:00 p.m. on January 13, 2026. The detailed disclosure is available on the company's website.