Delhi-based BAG Films and Media, a media and entertainment company, today stated that its board has apporved the raising of upto $ 30 million (about Rs 141 crore) through global depository receipts (GDR) or foreign currency convertible bonds (FCCB) or any other security in the international market.
It has also thus approved the increase in authorised capital of the company to Rs 40 crore from Rs 30 crore, the company stated in a release sent to the Bombay Stock Exchange.
