BSE has listed 98,00,000 new equity shares of B.A.G. Films & Media Ltd. (Scrip Code: 532507), issued to a Promoter on a preferential basis through conversion of warrants. These shares are permitted to trade on the Exchange with effect from Tuesday, May 19, 2026.

Key Points

• 98,00,000 equity shares of Rs. 2/- each issued at a premium of Rs. 6.25/- (total issue price Rs. 8.25/- per share)
• Issued to Promoter on preferential basis via conversion of warrants
• Shares rank pari-passu with existing equity shares
• Distribution numbers: 197918091 to 207718090
• ISIN: INE116D01028
• All 98,00,000 shares are subject to lock-in until November 27, 2027

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notice under existing SEBI and BSE listing regulations for preferential allotment securities.

Compliance Requirements

• Trading members are informed of the new securities now available for trading
• Lock-in restrictions apply: all 98,00,000 shares (Dist. Nos. 197918091 to 207718090) are locked in until 27/11/2027 and cannot be traded until that date

Important Dates

• Date of Allotment: March 28, 2026
• Trading Commencement: May 19, 2026
• Lock-in Expiry: November 27, 2027

Impact Assessment

The listing adds 98 lakh new equity shares to B.A.G. Films & Media Ltd.’s capital structure, representing potential dilution for existing shareholders. However, since all newly issued shares are locked in until November 2027, there is no immediate increase in tradable float. The issue price of Rs. 8.25/- per share (face value Rs. 2/- + premium Rs. 6.25/-) reflects the terms agreed at the time of warrant issuance. Market impact on the scrip is expected to be limited in the near term given the lock-in period.