StockWatch
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Film Production- Distribution & Exhibition
Shareholding3 Nov 2026, 06:10 pm

Baba Arts: Gordhan Tanwani Sells 12.38% Stake

AI Summary

Gordhan P. Tanwani, a promoter of Baba Arts Limited, has sold 65,00,000 equity shares, representing 12.38% of the total equity share capital, to M/s. Skybridge Interactive LLP. This off-market transfer was executed on November 3, 2026, pursuant to a Share Purchase Agreement dated February 25, 2026. Following the sale, Gordhan P. Tanwani's direct holding in the company has reduced significantly, with only 8,000 shares (0.001%) remaining, held by PACs. The total equity share capital of the company remains unchanged at ₹5,25,00,000.

Key Highlights

  • Promoter Gordhan P. Tanwani sold 65,00,000 shares.
  • The sale represents a 12.38% stake in Baba Arts Limited.
  • The transaction was an off-market transfer to Skybridge Interactive LLP.
  • The sale occurred on November 3, 2026.
  • Post-sale, promoter holding is reduced to 0.001%.