B.A.G Films and Media Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
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B.A.G Films and Media Limited has submitted Regulation 31(4) disclosures from all its promoters and promoter group entities for the financial year ended March 31, 2025. The declarations were made by Anuradha Prasad Shukla (2,30,49,190 shares), Sudhir Shukla (26,700 shares), Jyoti Shukla (1,900 shares), ARVR Communications Pvt Ltd (3,81,94,868 shares), Skyline Telemedia Services Ltd (2,72,25,524 shares), and B.A.G. Live Entertainment Ltd (42,50,000 shares). Every declarant has confirmed that no encumbrance (pledge, lien, or any similar charge) was created on their shares, directly or indirectly, during the year. This is a routine annual compliance filing required from all promoters and persons in control.
This is a neutral-to-slightly-positive disclosure for shareholders, as it confirms promoters did not pledge any additional shares during FY25, indicating no fresh financial stress at the promoter level. Investors should treat this as routine regulatory compliance rather than a material corporate event, and there is no expected stock price impact.