B.A.G. Films Allots 2 Cr Equity Shares Post Warrant Conversion

B.A.G. Films and Media Ltd announced the allotment of 2 crore equity shares following the conversion of warrants by Skyline Tele Media Services Limited (STMSL), a promoter group member. Initially, 2 crore warrants were allotted at ₹8.25 each. STMSL exercised its option to convert 98 lakh warrants, leading to the allotment of an equal number of equity shares on March 28, 2026. Subsequently, the remaining 1.02 crore warrants were also converted into equity shares, with the allotment approved on June 27, 2026, at the same issue price of ₹8.25 per share. This conversion increases the company's issued, subscribed, and paid-up capital, with the promoter group's shareholding rising to 51.74%. The new shares rank pari passu with existing ones.