BGIL Films & Technologies Ltd — Capital/Financing Update 2025

Dec 15, 2025

Date: December 15, 2025

To The Manager Listing Operations BSE Limited P.J. Towers, Dalal Street Mumbai - 400001

Scrip Code: 511664

Subject: Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 — Withdrawal of In-Principle Approval Application pursuant to Preferential Issue of 5,65,11,000 (Five Crores Sixty Five Lakhs Eleven Thousand) Convertible Equity 'Warrants to Non-Promoter Allottees.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with Schedule I11 thereof, we hereby inform that the Board of Directors of BGIL Films & Technologies Limited ("the Company"), at its meeting held today, has approved the withdrawal of the application filed with BSE Limited for in-principle approval prior to issue and allotment of 5,65,11,000 (Five Crores Sixty Five Lakhs Eleven Thousand) Convertible Equity Warrants on a preferential basis under Regulation 28(1) of the SEBI (LODR) Regulations, 2015.

The Board of Directors at its meeting held on September 05, 2025 had approved the issuance of 5,65,11,000 Convertible Equity Warrants on a preferential basis to Non-Promoters, for cash consideration at a price of ¥14/- per warrant, aggregating to ¥79,11,54,000/-, to 74 (Seventy Four) Non-Promoter proposed allottees. The same was approved by members of the company vide 36" Annual General Meeting of the company dated September 30, 2025.

Pursuant thereto, the Company had filed an application with BSE Limited on September 11, 2025 seeking in-principle approval under Regulation 28(1) of the SEBI (LODR) Regulations, 2015.

Subsequent to the filing of the application, the Company received multiple queries from BSE, to which timely and complete responses were submitted. However, due to the prolonged pendency of in-principle approval, certain proposed investors expressed their inability to wait further and withdrew their commitment to invest. As a result, the Company is presently unable to proceed with the preferential issue in its existing form.

Accordingly, the Board has approved the withdrawal of the said application for in-principle approval, and the Company has submitted a formal withdrawal letter to BSE Limited in this regard.

The Company is in the process of evaluating alternative fund-raising options and may approach the Exchange afresh upon finalisation of new investor commitments.

This intimation is being made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Kindly take the above information on record.

For BGIL Films & Technologies Limited

Akhileshwar Singh Company Secretary M. No.: ACS 25276 Tecy, o "06 & i (New Delni)S-B @ & ~ O& gty