B.A.G. Films Allots 19.8 Million Equity Shares on Warrant Conversion

B.A.G. Films and Media Ltd has completed the allotment of 19,800,000 equity shares following the conversion of warrants by Skyline Tele Media Services Limited (STMSL), a promoter group member. This conversion involved 9,800,000 warrants converted on March 28, 2026, and the remaining 10,200,000 warrants converted on June 27, 2026. The total issue price for the warrants was Rs. 8.25 per share. The company's issued, subscribed, and paid-up capital has increased post-allotment. The promoter group's shareholding has also seen an increase from 49.37% to 51.74%. The newly allotted shares rank pari passu with existing equity shares.