BGIL Films & Technologies Limited announced key management changes effective May 15, 2026. The company disclosed the resignation of its Company Secretary & Compliance Officer, Mr. Akhileshwar Singh, and its Chief Financial Officer, Jamuna Prasad Sharma. Concurrently, the Board appointed Mr. Madhav Agarwal as the new Chief Financial Officer. These changes were communicated to the Bombay Stock Exchange under Regulation 30 of the SEBI (LODR) Regulations, 2015.

The management reshuffle follows the company's audited standalone financial results for the quarter and year ended March 31, 2026. The company recorded a notable improvement in profitability for the full year, turning profitable compared to the previous year. Revenue from operations for the full year FY26 stood at ₹102.11 lakh, significantly higher than ₹26.75 lakh in FY25. Total revenue for Q4FY26 was ₹90.29 lakh, against ₹16.07 lakh in Q3FY26.

The following table summarises the key financial metrics across periods:

The company's total assets stood at ₹2,516.61 lakh as at March 31, 2026, compared to ₹2,774.45 lakh as at March 31, 2025. Cash and cash equivalents at the end of the year stood at ₹16.65 lakh. The independent auditor issued an unmodified opinion but emphasized matters regarding statutory dues, TDS filings, and reconciliations. The financial results were prepared in accordance with Indian Accounting Standards (Ind AS).

BGIL Films & Technologies Limited has submitted a formal clarification to BSE Limited addressing concerns about significant movement in its share price. The clarification, dated April 8, 2026, was issued in response to BSE's inquiry dated April 7, 2026, seeking explanation for unusual price fluctuations in the company's scrip.

Company's Position on Price Movement

The company management expressed equal concern about the price fluctuations and confirmed that their internal observations and available data revealed no unusual activity or information that could justify the price movement. The management emphasized that the current share price movement is purely market-driven and results from prevailing market conditions.

Regulatory Compliance and Transparency

BGIL Films & Technologies reaffirmed its commitment to regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company highlighted several key aspects of its compliance framework:

• Consistent adherence to SEBI LODR Regulations 2015
• Prompt disclosure of all events affecting operations or performance
• No pending announcements or speculative information
• Commitment to transparency under Regulation 30 requirements

Previously Disclosed Information

The company clarified that the only unpublished price-sensitive information relates to a proposed expansion plan scheduled for September/October 2025. This expansion plan was previously disclosed to BSE through proper channels, including board meeting outcomes and annual general meeting proceedings, ensuring full regulatory compliance.

Management Assurance

The clarification was signed by Akhileshwar Singh, Company Secretary, who reiterated the company's commitment to keep stock exchanges informed of any material information as required under regulatory frameworks. The management assured continued vigilance and monitoring of market developments while maintaining transparency with stakeholders and regulatory authorities.