Acquisitions7 Oct 2026, 05:41 pm
Skybridge Interactive LLP Acquires 62.28% Stake in Baba Arts Ltd
AI Summary
Skybridge Interactive LLP has acquired 3,27,00,000 equity shares of Baba Arts Limited, representing 62.28% of the total share capital. This acquisition was made pursuant to a Share Purchase Agreement (SPA) and is in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Following the acquisition, Skybridge Interactive LLP's total holding, including prior shares, stands at 3,27,00,602 equity shares, amounting to 62.29% of the company's total voting capital. The total equity share capital of Baba Arts Limited remains ₹5,25,00,000.
Key Highlights
- Skybridge Interactive LLP acquired 3,27,00,000 equity shares.
- This represents a 62.28% stake in Baba Arts Limited.
- The acquisition was made via a Share Purchase Agreement.
- Skybridge's total holding is now 62.29% of the company.
- The transaction complies with SEBI Takeover Regulations.
Price Impact
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