B.A.G Films and Media Limited Approves Q1 Results, Announces AGM Date and Re-appoints Independent Director

B.A.G Films and Media Limited Approves Q1 Results, Announces AGM Date and Re-appoints Independent Director​

B.A.G. Films and Media Limited announced the outcome of its Board meeting held on Thursday, August 13, 2026, including the approval of un-audited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also fixed a date for its upcoming Annual General Meeting (AGM) and approved the re-appointment of an Independent Director.

The Board meeting confirmed the key corporate decisions alongside approving the quarterly performance. The company announced that the 33rd Annual General Meeting (AGM) of Members will be held on Thursday, September 17, 2026, at 4:00 P.M. (IST). The AGM will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM). Furthermore, September 10, 2026, has been set as the cut-off date for identifying members eligible to vote through the remote e-voting facility.

Financial Performance Highlights​

The company released its unaudited consolidated financial results for the quarter ended June 30, 2026 (figures are in Lakhs). During this period, B.A.G. Films and Media Limited generated a total income of 5,294.06 Lakhs, with a profit before tax of 1,408.04 Lakhs. Net Profit attributable to the owner of the parent stood at 42.19 Lakhs.

The detailed results for the quarter are available in the financial statements. Key revenue figures across segments included:

Funds Utilization and Corporate Governance Updates​

In a separate corporate update, the company disclosed the utilization report for the funds received from the allotment of warrants to a member of the Promoter Group. Total funds received amounted to 1,650.00 Lakhs. The funds were allocated across three primary areas: Expansion of Business (211.50 Lakhs), Investment in Projects (412.50 Lakhs), and General Corporate Purpose (194.88 Lakhs). A balance of 631.12 Lakhs remains unutilized and is held in the bank.

In matters of corporate governance, the Board approved the re-appointment of Mr. Chandan Kumar Jain (DIN: 09605901) as an Independent Director. The re-appointment covers a second term of five consecutive years, effective from May 30, 2027, up to May 29, 2032. This appointment is subject to approval by the Members at the ensuing 33rd Annual General Meeting.

Mr. Jain, who is aged 64 years and a retired IRS, was noted as having extensive experience in tax, company law, and communication law. His professional history includes starting his career as a Probationary Officer in a Nationalised Bank in 1985 and subsequently working with NABARD before joining the Department of Central Excise & Customs (CBEC) in 1990, serving the Indian Revenue Department for 30 years, including an assignment as Officer on Special Duty (OSD) to the Ministry of Communication and IT. He is not related to any existing Director, Promoter, or Key Managerial Personnel of the Company.

BAGFILMS Stock Price Movement​

B.A.G Films and Media Limited surged on Thursday, gaining 7.62% to settle at ₹4.69. The stock traded briskly during the session, with B.A.G trading in a volume of 263,485 shares after touching an intraday high of ₹4.89.