B.A.G. Films and Media Limited has formally notified stock exchanges about its upcoming board meeting scheduled for February 12, 2026, where directors will review and approve the company's quarterly financial performance. The media and entertainment company continues to maintain regulatory compliance while preparing to release its third-quarter results.

Board Meeting Details

The company has scheduled its Board of Directors meeting in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will take place at the company's corporate office located at FC-23, Sector 16A, Film City, Noida 201 301.

Trading Window Restrictions

In compliance with insider trading prevention measures, B.A.G. Films and Media Limited has implemented a trading window closure for designated persons and their relatives. This restriction affects all dealings and trading in the company's securities.

Regulatory Compliance

The announcement demonstrates the company's adherence to regulatory requirements under SEBI's listing obligations. Company Secretary and Compliance Officer Ajay Mishra signed the formal communication to both BSE Limited and National Stock Exchange of India Limited on January 31, 2026.

The company trades on BSE under scrip code 532507 and on NSE under the symbol BAGFILMS. This scheduled board meeting represents part of the regular quarterly reporting cycle that listed companies must follow to maintain transparency with investors and regulatory authorities.

Company Operations

B.A.G. Films and Media Limited operates in the media and entertainment sector with multiple business verticals. The company's portfolio includes various media properties and entertainment ventures, positioning it within India's growing media landscape. The upcoming financial results will provide insights into the company's performance during the quarter and nine months ended December 31, 2025.

B.A.G. Films and Media Limited has announced its board's approval for a significant fund raising initiative through preferential issue of warrants. The board meeting held on January 13, 2026, resulted in key decisions that will shape the company's capital structure and funding strategy.

Board Approval for Warrant Issue

The board has approved raising funds through issuance of up to 2,00,00,000 fully convertible warrants to Skyline Tele Media Services Limited, a promoter group entity. The key parameters of this warrant issue are structured as follows:

Conversion Terms and Payment Structure

Each warrant will be convertible into one equity share of face value ₹2.00 each. The warrants can be exercised in one or more tranches within 18 months from the date of allotment. The payment structure requires 25.00% of the consideration at the time of application, with the remaining 75.00% payable during conversion to equity shares. If warrants remain unexercised after 18 months, they will lapse and the 25.00% consideration paid will be forfeited by the company.

Impact on Shareholding Pattern

The warrant issue will significantly alter the shareholding structure of Skyline Tele Media Services Limited in the company:

The pre-issue holding data is based on shareholding as of December 31, 2025, and post-issue calculations assume full conversion of all warrants.

Regulatory Compliance and Approvals

The warrant issue is structured in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. The relevant date for pricing purposes under SEBI ICDR Regulations is January 12, 2026. The issue remains subject to approval from regulatory and statutory authorities, along with shareholder consent at the upcoming Extra-Ordinary General Meeting.

Shareholder Meeting Schedule

The company has decided to convene an Extra-Ordinary General Meeting on February 11, 2026, through video conferencing or other audio-visual means. This meeting will seek necessary shareholder approval for the preferential warrant issue. The board meeting commenced at 5:00 p.m. and concluded at 6:00 p.m. on January 13, 2026, with comprehensive disclosures made in compliance with listing regulations and SEBI circulars.