B.A.G. Films Ltd Converts 98 Lakh Warrants, Raises Rs 10 crore
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B.A.G. Films & Media Ltd converted 98 lakh warrants, raising about Rs 10.18 crore and lifting the promoter group’s holding to just under 50 %.
- The conversion added roughly 20.77 crore shares to the capital base, with non‑promoter ownership diluted by about 5 %.
- Paid‑up capital increased from Rs 3,958,36,180 to Rs 4,154,36,180, reflecting the fresh cash injection.
- Promoter group share count rose from 9,27,48,182 (46.86 %) to 10,25,48,182 shares (49.37 %).
- Remaining warrants: 1.02 crore warrants stay exercisable until 18 Sept 2027, potentially bringing an additional Rs 8.44 crore if converted.
- The transaction follows SEBI ICDR and Listing Regulations, ensuring compliance while providing the company with liquidity to fund new projects or reduce debt.
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