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Board of B A G Films and Media approves preferential issue of warrants

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Capital Market

At meeting held on 26 May 2014

B A G Films and Media announced that the Board of Directors of the Company at its meeting held on 26 May 2014, has approved the preferential issue of 80,000,000 warrants convertible into equity shares at a later date, on a preferential basis, to Promoters/Promoter Group and Non Promoters subject to approval of the shareholders in the forthcoming Annual General Meeting and such regulatory or statutory approvals as may be necessary/required.

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First Published: May 27 2014 | 9:32 AM IST

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