Promoter Reclassification7 Nov 2026, 02:01 pm
Baba Arts Ltd: Promoters Seek Reclassification to Public
AI Summary
Baba Arts Ltd has received requests from its promoters, Mr. Gordhan P. Tanwani and Mr. Rahul G Tanwani, seeking reclassification from the 'Promoter' category to the 'Public' category. This action is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company will place these requests before the Board of Directors for consideration.
Key Highlights
- Promoters seeking reclassification from 'Promoter' to 'Public' category.
- Request is in line with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Board of Directors will consider the reclassification request.
- This may impact the company's promoter holding structure.
Price Impact
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