Open Offer14 Jul 2026, 03:10 pm
Baba Arts: Skybridge Interactive Completes Open Offer
AI Summary
Bonanza Portfolio Ltd, acting as Manager to the Offer, has submitted a Post-Offer Advertisement for Baba Arts Limited. Skybridge Interactive LLP acquired 74.67% of Baba Arts via an SPA and subsequently made an open offer to public shareholders. The open offer aimed to acquire 1,32,92,000 equity shares (25.32%) at ₹6 per share. The offer period was from June 9, 2026, to June 22, 2026, with consideration payment on July 7, 2026. The advertisement complies with SEBI (SAST) Regulations, 2011.
Key Highlights
- Skybridge Interactive LLP acquired 74.67% stake in Baba Arts via SPA.
- Open offer made for 25.32% stake at ₹6 per share.
- Offer period: June 9 - June 22, 2026.
- Post-offer advertisement filed as per SEBI regulations.
- Consideration payment scheduled for July 7, 2026.
Price Impact
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