Sale8 Oct 2026, 09:16 am
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, representing 62.29% of the total equity, to M/s. Skybridge Interactive LLP via an off-market transfer. The transaction, based on a Share Purchase Agreement dated February 25, 2026, occurred 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 remains ₹5,25,00,000 both before and after the transaction.
Key Highlights
- Promoter Gordhan P. Tanwani sold 3,27,00,000 shares.
- Sale represents 62.29% of Baba Arts Ltd's equity.
- Transaction was an off-market transfer to Skybridge Interactive LLP.
- Promoter's holding reduced from 74.67% to 12.38%.
- Transaction occurred on October 6, 2026.
Price Impact
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