B.A.G Films and Media Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
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B.A.G Films and Media Limited has submitted a statement confirming no deviation or variation in the utilisation of proceeds for Q4 FY26. The company raised Rs. 1,018.88 Lakh through warrant conversions: Rs. 412.50 Lakh received on March 19, 2026 from 2 crore warrants, and Rs. 606.38 Lakh received on March 28, 2026 from conversion of 98 lakh equity shares. The planned utilisation includes business expansion (Rs. 825 Lakh), investment in projects (Rs. 412.50 Lakh), and general corporate purposes (Rs. 412.50 Lakh). The statement was reviewed by the company's Audit Committee and filed pursuant to Regulation 32 of SEBI LODR.
No immediate impact on shareholders. The filing confirms funds are being deployed as originally planned with no deviations, which is a positive compliance indicator. The full Rs. 1,650 Lakh target is not yet fully raised as Rs. 631.12 Lakh balance remains pending.