Statement of deviation(s) or variation(s) under Reg. 32

B.AF.iGl.am nsMd e dLiiam ited "CLI7N4:8L 19999D31P8L14"C 05 Corp.:FO Cf-fS2ie3cc,1et 6 oAr, FiClimNt oyi,2d 03a10 1 Tel. :0 142600 2424 E-Mai:il n fo@bagnetwork.in Websi:wt we.w bagnetwork24.in BAG/STX/lette/rA sM//29002 6-27 Novemb5e,2r 02 6 To, To, CorpoRrealtaet iDoenpsahritpm entL isting CDoemppalritamnecnet BSEL imited, NatioSntaolcE kx chanogfIe n dLiiam ited PhirJoezeej eeTbohwoeyr s, ExchaPnlgaeBz aan,d ra-CKoumrpllBaea xn,d ra DalSatlr eMeutm bai0-0410 0 (EM)umbai0-54100 Scrip 5C3o2d5e0:7 SYMBOBLA:G FILMS DeaSri r/Madam, SubS:u bmissoifSo tna temoefnD te viatoirVo anr iatiinuo tni lizoaftp iroonc eefdosrt he quaretnedre odnS eptem3b0e2,r0 26 PursutaoRn etg ula3t2oi fto hnSe E B(IL isOtbilnigg aatniDdoi nssc lRoesquurier eRmeegnutlsa)2t 0i1o5n s, ('the LiSsEtBRiIen ggu lataisao mnesn'd)re eda wdi tShE BcIi rcnuol.Ha Or/ 38/13/11(2)2026-MIRSD­ POD/I/375d0a/tJ2ea0dn2 u63a 0ry2, 0 2a6s ,t ateomfed netv iasttiaotnti,hn atgth eirsne o d eviaotri on variaitnti hoeun t iliosfat thieopsnre ocedeudrsit nhgeq uaretnedre odnS eptem3b0e2,r0 26d,u ly reviebwyte hdAe u dCiotm mitotfte hCeeo mpainasyt tachheerde waisAt nhn exuAr.e Thae bosvtea tewmiealnlltsb oea vailoantb hlweee bsoiftt heCe o mpaantwy w w.bagnetwork24.in Thiisfs oyro uirn formaantrdie ocnop rlde ase. ThankYionug Yousrisn cerely FoBr. A.FGi.l amnsd M ediLai mited «:,'3 n111,d � ()) . r- (AjaMyi shra) .�--:§' �- CompaSneyc ret&a ry {) * � CompliaOnfcfiec er Encal/:a isomeRsAD" I O I1 11 ltlAfll � - DHAMAL TIii••fl rtt Regd. OffAigcgweaaP:rll a3Pz5laN2o,o,t . K 8o,n dli,N eEDwae s-lt1h 1iD0e0l9h6i , MumbOaffii 3c0e39:r, Fd l oAonrjc,ao nmipA lnedxh,e rRio-aAKdnu,dr hEleaarsM itu ,m bai9-M,4a 0h0a0r8ashtra Annexure-A Statement of Deviation / Variation in utilization of funds raised: Name of listed entity B.A.G. Films and Media Limited Mode of Fund Raising Funds raised by issuance of Warrants convertible into Equity Shares on preferential basis. Date of Raising Funds March 19, 2026 (Allotment of Warrants), * Refer Notes Amount Raised Rs. 1,650.00 Lakh (It is the total issue size) * Refer Notes Report filed for Quarter ended September 30, 2026 Monitoring Agency Not Applicable Monitoring Agency Name, if applicable Not Applicable Is there a Deviation / Variation in use of funds raised No If yes, whether the same is pursuant to change in Not Applicable terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder Approval Not Applicable Explanation for the Deviation / Variation Not Applicable Comments of the Audit Committee after review No Comments Comments of the auditors, if any No Comments Objects for which funds have been raised and where there has been a deviation, in the following table Original Modified Original Modified Funds Amount of Remark, If any Object Object, Allocation allocation, Utilized Deviation/Variation if any (In Lakh) if any (In for the quarter Lakh) according to applicable object The Company proposes raising the funds for: Expansion Not Not The Company will utilize the balance 825.00 825.00 No Deviation/ Variation of Business Applicable Applicable amount in the Financial Year 2026–27. Investment Not Not 412.50 412.50 No Deviation/ Variation in Projects Applicable Applicable General Not Not Corporate 412.50 411.38 No Deviation/ Variation Applicable Applicable Purposes Balance 1,650.00 1648.88 Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised; or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed; or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer, etc. *Notes: Sr. No. Particulars Date of allotment Amount received (in Lakh) 1. Fund received from allotment of 2,00,00,000 Warrants, each March 19, 2026 Rs. 412.50 convertible into equity shares of Rs. 2/- each at an issue price of Rs. 8.25/- per Warrants on receipt of equivalent to 25% of total issue size of aggregating Rs. 16,50,00,000/-. 2. Fund received from allotment of 98,00,000 equity shares of March 28, 2026 Rs. 606.38 face value of Rs. 2 each upon conversion of equal numbers of warrants at a price of Rs. 8.25/- per share on receipt of 75% balance subscription amount from the Warrants holder. 3. Fund received from allotment of 1,02,00,000 equity shares of June 27, 2026 Rs. 631.12 face value of Rs. 2/- each upon conversion of equal numbers of warrants at a price of Rs. 8.25/- per share on receipt of 75% balance subscription amount from the Warrants holder. Total Rs. 1,650.00