BABA ARTS LTD.-$

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.

Bonanza Portfolio Ltd, acting as Manager to the Offer, has submitted the Recommendation of the Committee of Independent Directors (IDC) for Baba Arts Ltd. The open offer, managed by Bonanza Portfolio Ltd and initiated by Acquirer Skybridge Interactive LLP, aims to acquire up to 1,32,92,000 equity shares, representing 25.32% of the target company's capital, at ₹6.00 per share. This offer is in compliance with SEBI (SAST) Regulations, though slightly below the 26% minimum offer size stipulated by Regulation 7, due to restrictions on shares held by public shareholders. The IDC members have confirmed their independence, with one director holding a minor stake.

Baba Arts Ltd. has released its audited financial results for the quarter and year ended March 31, 2026. The results, approved by the Board of Directors on May 21, 2026, are available on the company's website (www.babaartslimited.com) and the BSE Limited website (www.bseindia.com). The report includes an independent auditor's opinion from CA M M NISSIM & CO LLP, stating that the financial results present a true and fair view in accordance with relevant regulations and accounting standards.

Baba Arts Ltd. announced the approval of its audited financial results for the quarter and year ended March 31, 2026, during a Board of Directors meeting held on May 21, 2026. The meeting, which commenced at 3:30 p.m. and concluded at 4:30 p.m., also included the approval of the Statement of Assets and Liabilities as of March 31, 2026. The company has attached the audited financial results, statement of assets & liabilities, cash flow statement, and audit report with an unmodified opinion.

Baba Arts Ltd has scheduled a Board of Directors meeting on May 21, 2026, to consider and approve the Audited Financial Results for the quarter and year ended March 31, 2026. The trading window, which closed on April 1, 2026, will remain closed until May 23, 2026, 48 hours after the declaration of the financial results.

Bonanza Portfolio Ltd, the Manager to the Open Offer, has submitted a copy of the Detailed Public Statement to BSE. The statement is in accordance with Regulations 3(1), 4, 13(4), 14(3), and 15(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011. The company has acquired 2,92,000 Equity Shares, representing 25.32% of the Equity and Voting Share Capital of Baba Arts Ltd from public shareholders. The Detailed Public Statement has been published in today’s newspaper, i.e., Thursday, March 05, 2026, in Financial Express (English daily-All India Editions), Jansatta (Hindi daily-All India Editions), Mumbai Lakshadeep (Marathi Daily - Mumbai Edition).

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.

In a recent meeting on 11th February, 2026, the Board of Directors of Baba Arts Ltd. authorized Mr. Nikhil G. Tanwani, Chairman & Managing Director and Mr. Naishadh H. Mankad, Company Secretary & Compliance Officer, to determine materiality of events or information and make disclosures to Stock Exchanges as per Regulation 30(5) of SEBI (LODR) Regulations, 2015. The contact details of the authorized personnel are provided for reference.

Baba Arts Ltd. has reported its unaudited financial results for the quarter and nine months ended on 31st December, 2025. The results were reviewed by the Audit Committee and approved by the Board of Directors. The company did not have any debt as of the reporting date. The financial results were prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 and other recognized accounting practices and policies.

Baba Arts Ltd. has announced its unaudited financial results for the quarter and nine months ended 31st December, 2025. The company's revenue from operations stands at 265.77 Lakhs for the quarter and 978.93 Lakhs for the nine months. The net profit for the quarter is 58 Lakhs, while the net profit for the nine months is 99.80 Lakhs. The company did not have any debt as of 31st December, 2025. The financial results have been reviewed by M/s.M M NISSIM & CO LLP, Statutory Auditors of the Company.