Baba Arts: Open Offer for 25.32% stake at ₹6/share

Skybridge Interactive LLP, through Manager to the Offer Bonanza Portfolio Ltd, has announced an Open Offer to public shareholders of Baba Arts Limited. The offer is to acquire 1,32,92,000 equity shares, representing 25.32% of the total equity and voting share capital, at a price of ₹6.00 per share. This offer size is slightly below the SEBI mandated minimum of 26% for an open offer, as it is restricted to shares held by public shareholders. A corrigendum to the Detailed Public Statement has been issued, addressing amendments advised by SEBI and clarifying publication details due to regional printing closures during Holi.