Acquisitions25 Feb 2026, 07:43 pm
Skybridge Interactive LLP to Acquire 25.32% Stake in Baba Arts Ltd for ₹ 6.00 Per Share
AI Summary
Skybridge Interactive LLP has announced an open offer to acquire up to 1,32,92,000 equity shares, representing 25.32% of the equity and voting share capital of Baba Arts Ltd, at a price of ₹ 6.00 per share. This offer is in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The offer size is restricted to 25.32% of the total equity and voting share capital of the company, as per regulation 7 of the SEBI (SAST) Regulations.
Key Highlights
- Skybridge Interactive LLP to acquire 25.32% stake in Baba Arts Ltd
- Open offer made at a price of ₹ 6.00 per equity share
- Offer size restricted to 25.32% of the total equity and voting share capital
- In compliance with Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
- Underlying transaction: Acquirer to purchase 74.67% equity shares from the Selling Shareholder