Bag films & media has officially communicated to stock exchanges that it does not qualify as a Large Corporate under SEBI regulations as of March 31, 2026. The company submitted formal undertakings to both BSE and NSE on April 14, 2026, confirming its regulatory status and compliance obligations.

Regulatory Compliance Communication

The company's undertaking specifically references two key SEBI circulars that govern Large Corporate classifications and associated disclosure requirements. These regulations establish criteria for entities that must comply with enhanced reporting standards when raising funds through debt securities.

SEBI Circular References

The undertaking cites SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, and Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the regulatory framework for fund raising by issuance of debt securities by large entities and define the criteria for Large Corporate classification.

Official Authorization

The communication bears the signatures of two key company officials, ensuring proper authorization and compliance with corporate governance requirements.

Stock Exchange Submission

The identical undertakings were submitted to both major Indian stock exchanges where the company's securities are listed. The communication ensures transparency and maintains regulatory compliance across all trading platforms.

This formal confirmation allows B.A.G. Films and Media Limited to operate without the additional disclosure obligations that apply to Large Corporates under the SEBI regulatory framework. The undertaking serves as an official record for regulatory authorities and market participants regarding the company's compliance status for the fiscal year.

B.A.G. Films and Media Limited has filed its quarterly compliance certificate with stock exchanges, meeting regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Regulatory Filing Details

The company submitted the mandatory certificate under Regulation 74(5) to both BSE Limited and National Stock Exchange of India Limited on April 06, 2026. Company Secretary and Compliance Officer Ajay Mishra signed and filed the compliance document on behalf of B.A.G. Films and Media Limited.

Registrar Confirmation

Alankit Assignments Limited, serving as the company's registrar and transfer agent, issued the compliance certificate confirming adherence to dematerialisation regulations. The certificate was signed by Kamal Garg, General Manager at Alankit Assignments Limited, and dated April 06, 2026.

The registrar confirmed that physical share certificates received for dematerialisation have been properly processed according to regulatory requirements. The certificate validates that securities have been listed on stock exchanges and that physical certificates have been mutilated and cancelled after due verification, with the depository name substituted in records as the registered owner.

Compliance Framework

Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 mandates quarterly certification regarding dematerialisation procedures for listed companies. This ensures transparency in the conversion of physical share certificates to electronic form and maintains investor protection standards.

The filing demonstrates B.A.G. Films and Media Limited's commitment to maintaining regulatory compliance and transparency in its share transfer and dematerialisation processes.