B.A.G Films and Media Limited has informed the Exchange regarding 'Intimation of receipt of Final Listing and Trading Approvals'.
BAGFILMS · price
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B.A.G Films and Media Limited has received final listing and trading approvals from both BSE and NSE for 98,00,000 equity shares. These shares were issued at Rs. 2 per share with a premium of Rs. 6.25 per share, totaling an issue value of approximately Rs. 8.09 crore. The shares were allotted to Promoter Group members pursuant to conversion of warrants on a preferential basis. The shares are admitted to trading from May 19, 2026. However, the entire lot of 98,00,000 shares is under lock-in until November 27, 2027.
This preferential allotment increases the promoter stake through warrant conversion, resulting in dilution for existing shareholders. The lock-in period until November 2027 means these shares cannot be sold by promoters for over 1.5 years, limiting immediate selling pressure.