B.A.G. FILMS AND MEDIA LIMITED: DELHI STEP-DOWN SUBSIDIARY ACQUIRES 100% SHARES OF SKYLINE FM RADIO NETWORK PRIVATE LIMITED

• B.A.G. Films and Media Limited's subsidiary, Skyline Radio Network Limited, has incorporated 'Skyline FM Radio Network Private Limited' • The newly incorporated entity is a step-down wholly owned subsidiary of B.A.G. Films and Media Limited • Skyline FM Radio Network Private Limited will be engaged in establishing, owning, managing, acquiring, and operating FM radio broadcast stations • The consideration for the initial share subscription was cash at face value • The incorporation was completed today, October 3, 2026

B.A.G. Films and Media Ltd

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