Promoter Skyline Tele Media acquires 4.68% in B.A.G. Films via warrant conversion

Promoter Stake BuyOwnership Changes View source PDF

BAGFILMS · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.8%1-day move

₹4.62

prior close

₹4.70

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

——+1.5+2.1+2.8+0.4-2.4-4.5-1.5-3.5-3.2———

Up moveDown movePending

AI summary

Promoter group entity Skyline Tele Media Services Ltd has acquired 1,02,00,000 shares (4.68%) of B.A.G. Films and Media Ltd, likely through conversion of 1,02,00,000 warrants disclosed earlier. Post-acquisition, the promoter's voting stake rises from 17.82% to about 22.50%. Filed under SEBI Takeover Regulations Reg 29(2) on BSE and NSE.

Likely market impact

Promoter voting stake rises to around 22.50%, showing confidence but still well below takeover trigger.