B.A.G. Films and Media Limited has provided an updated web link for its valuation report related to a proposed preferential issue, as part of its regulatory compliance obligations under SEBI regulations.

Regulatory Communication Details

The company submitted its disclosure to both major Indian stock exchanges on February 20, 2026. The communication was addressed to the Corporate Relationship Department of BSE Limited and the Listing Compliance Department of National Stock Exchange of India Limited.

Valuation Report Information

The disclosure pertains to a valuation report prepared by an independent registered valuer for the company's proposed preferential issue. This report is essential for determining the minimum issue price as per regulatory requirements.

Regulatory Framework

The communication was made under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, and in accordance with Regulation 166A of the SEBI (ICDR) Regulations, 2018. The update was provided following suggestions from the stock exchanges.

Company Information

B.A.G. Films and Media Limited operates from its registered office at FC-23, Sector 16A, Film City, Noida 201 301. The company secretary and compliance officer, Ajay Mishra, signed the communication digitally on February 20, 2026.

The company maintains its corporate website at bagnetwork24.in and can be contacted via email at info@bagnetwork.in . This disclosure ensures transparency and compliance with regulatory requirements for the proposed preferential issue process.

B.A.G. Films and Media Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing strong operational performance across its diversified business segments. The Board of Directors approved these results during their meeting held on February 12, 2026.

Strong Quarterly Performance

The company delivered impressive standalone financial results for Q3 FY26, demonstrating significant growth across key metrics:

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company maintained its growth trajectory with substantial improvements in profitability:

Consolidated Results Show Diversified Growth

The consolidated financial results reflect the company's diversified business portfolio, including subsidiaries engaged in television broadcasting, FM radio, and content syndication. Consolidated revenue from operations for Q3 FY26 reached ₹3,992.71 lakhs compared to ₹3,112.38 lakhs in Q3 FY25. For the nine-month period, consolidated revenue stood at ₹10,714.56 lakhs versus ₹9,407.25 lakhs in the previous year.

Segment-wise Performance Analysis

The company operates across six business segments, with Audio-Visual Production and Distribution being the primary contributor to standalone operations:

On a consolidated basis, Television Broadcasting emerged as the largest segment with Q3 FY26 revenue of ₹2,665.30 lakhs, while FM Radio operations contributed ₹90.93 lakhs during the quarter.

UDIN Update and Regulatory Compliance

Following the initial financial results announcement on February 12, 2026, the company submitted updated Limited Review Reports with UDIN to both BSE Limited and National Stock Exchange of India Limited on February 16, 2026. Company Secretary Ajay Mishra communicated this update under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The updated reports included UDIN numbers for both standalone and consolidated financial results after the ICAI portal maintenance was completed. The statutory auditors Joy Mukherjee & Associates issued the review reports with UDIN 26074602AIUSOQ8686 for standalone results and UDIN 26074602BSGNNQ8636 for consolidated results.

Financial Position and Outlook

The company maintained a stable financial position with paid-up equity share capital of ₹3,956.66 lakhs, consisting of shares with a face value of ₹2.00 each. Total standalone assets stood at ₹30,840.09 lakhs as of December 31, 2025, while consolidated assets reached ₹65,831.07 lakhs.

The financial results were reviewed by the Audit Committee and prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under the Companies Act, 2013. The results demonstrate the company's continued focus on operational efficiency and strategic growth across its media and entertainment verticals.