Sale6 Oct 2026, 06:10 pm
Baba Arts Ltd: Promoter Sells 62.29% Stake in Off-Market Deal
AI Summary
Gordhan P. Tanwani, a promoter of Baba Arts Ltd, has sold 3,27,00,000 equity shares (62.29% of total capital) in an off-market transfer to M/s. Skybridge Interactive LLP. The transaction, executed pursuant to a Share Purchase Agreement dated February 25, 2026, took place on October 6, 2026. Following the sale, Tanwani's holding in the company has reduced from 74.67% to 12.38%. The total equity share capital of Baba Arts Ltd remained unchanged at ₹5,25,00,000 before and after the transaction.
Key Highlights
- Promoter Gordhan P. Tanwani sold 3,27,00,000 shares.
- The sale represents 62.29% of Baba Arts Ltd's total equity.
- Transaction was an off-market transfer to Skybridge Interactive LLP.
- Promoter's stake reduced from 74.67% to 12.38%.
- Sale occurred on October 6, 2026.
Price Impact
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