Baba Arts Limited has issued a revised disclosure regarding the transfer of 65,00,000 equity shares from promoter Mr. Gordhan P. Tanwani to acquirer M/s. Skybridge Interactive LLP. The revision corrects clerical errors in Annexure A, adjusting the shareholding figures for the acquirer from 3,27,00,600 to 3,27,00,602 before transfer and from 3,92,00,600 to 3,92,00,602 after the transfer, impacting public shareholding percentages.
Shareholding Correction Issued by Baba Arts
Baba Arts Limited has submitted a revised disclosure concerning the final tranche transfer of 65,00,000 equity shares. The shares were transferred from promoter Mr. Gordhan P. Tanwani to the acquirer, M/s. Skybridge Interactive LLP, as part of a Share Purchase Agreement dated 25th February, 2026.
Correction of Clerical Errors
The company stated that previous figures presented in Annexure A of an earlier disclosure contained a clerical error. Specifically, the shareholding of the Acquirer was incorrectly shown as 3,27,00,600 equity shares (before transfer) and 3,92,00,600 equity shares (after transfer). The corrected figures now reflect 3,27,00,602 equity shares before the transfer and 3,92,00,602 equity shares after the transfer. Consequently, the public shareholding figures were also adjusted accordingly.
Revised Annexure A Included
Baba Arts Limited has enclosed the corrected Annexure A with this filing and requests the stock exchange to take this revised information on record in place of the previously submitted Annexure A. The paid-up equity share capital remains at 5,25,00,000 equity shares of Re. 1/- each.
Source: BSE
