Sale3 Nov 2026, 06:31 pm
Baba Arts Ltd: Gordhan Tanwani Sells 65 Lakh Shares (12.38%)
AI Summary
Gordhan P. Tanwani, a promoter of Baba Arts Limited, has sold a final tranche of 65,00,000 equity shares, representing 12.38% of the total equity, 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 this sale, Gordhan P. Tanwani's direct holding in the company has reduced significantly, with only 8,000 shares (0.001%) remaining. The total equity share capital of the company remains ₹5,25,00,000.
Key Highlights
- Promoter Gordhan P. Tanwani sold 65,00,000 shares.
- The sale represents 12.38% of Baba Arts Limited's total equity.
- The transaction was an off-market transfer to Skybridge Interactive LLP.
- Tanwani's shareholding reduced from 12.38% to 0.001%.
- The sale was conducted as per SEBI (SAST) Regulations, 2011.
Price Impact
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