BGIL Films & Technologies Ltd Share Price

History of BGIL Films & Technologies Ltd

BGIL Films & Technologies Limited (BGFT) was formerly incorporated as 'Nam Credit & Investment Consultants Limited' on March 27, 1989. The name of the Company was changed to BGIL Films & Technologies Limited from Nam Credit & Investment Consultants Limited on December 29, 2005. BGFT is a complete film production house engaged mainly into production and distribution of feature films in Hindi and other languages and is also having very good skills & expertise in multi-media & animation. Further, company has marked its presence in production of animation films too. It came out with a public issue of 21 lac equity shares of Rs 10 each for cash at par aggregating Rs 2.1 cr. Initially, Company focused on non-fund-based financial activities such as merchant banking and securities trading. Its ...business involved providing services like lead management for rights issues and trading in securities on behalf of clients. The Merchant Banking Division of the Company has acted as a Lead Manager to the Rights Issue of Gupta Carpet Udyog. The Company is trading in securities on behalf of its clientele at Panchkula, Ludhiana, Ambala, Amritsar, Karnal and Delhi to provide the facility of buying and selling shares on spot payment. During the year 2004-05, the funds of the Company were invested with the associate companies at a fixed rate of interest. Pursuant to Share Purchase Agreement dated 12th July 2005, Company was taken over by Mr. Rakesh Bhatia, Mrs. Arti Bhatia & M/s Bharatiya Global Infomedia Ltd. (Acquirers) as per Securities & Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 1997 after making a cash offer for sale of 20% of total issued & Subscribed Capital through Public Announcement. Consequently, entire Control of Management of the Company was shifted to Mr. Rakesh Bhhatia, Mrs. Arti Bhatia & M/s Bharatiya Global Infomedia Ltd. w.e.f. 15.11.2005. The Company diversified its business to Films, IT, Media/Entertainment during year 2006-07. After getting the approval of the Registrar of the Companies, NCT of Delhi & Haryana regarding the change of name on 02.011.2007, the Company started its new activities with full pace i.e. Films, IT, Media/Entertainment under the new name of the Company. M/s Three-D Communications Ltd. was merged with Company effective 23 May, 2007. The Company merged Digital Post Production Studio Division, Digital Signage Division and the Films Production Division along with the Stock of Movies by demerging the same from M/s. Bharatiya Global Infomedia Ltd . (a Company under the same management). During the year 2010-11, Bharatiya Global Infomedia Ltd, a Group Company of BGIL Films & Technologies Limited, came out with an IPO of 6,720,000 Equity Shares of Rs 10/- each. 'Kriti Communications Private Limited was amalgamated with the Company in 2011-12. In 2013, Company released the movie 'the Saint who thought otherwise' all over India through PVR cinemas on 28th June, 2013. BGFT has been one of the Hindi/English content production houses in India with a strong foothold across TV, Movies; but could not do much since Covid-19. Company want to utilize the available sources and create a platform which is sustainable and profit making. It is now fully prepared to launch its long-time portal, namely www.waytostardom.com'; the software and whole process flow has been re-designed and team is fully prepared to re-launch the same with full strength in Sept'25 itself. Company has utilized this period in designing two new hi-tech OTT' platforms of its own. These OTT are unique, new and covering high revenue segment ie. Education' & Entertainment'.