Baba Arts Limited announced significant changes to its corporate governance structure during its board meeting on November 6, 2026. The company accepted the resignation of Mr. Naishadh H Mankad as Company Secretary and Compliance Officer. Concurrently, Ms. Shilpi Shukla has been appointed to these roles, effective the same date. The board also noted requests for reclassification of promoter status, which will be reviewed further.
Management Changes at Baba Arts
Baba Arts Limited has appointed a new Company Secretary and Compliance Officer following the resignation of Mr. Naishadh H Mankad. The board of directors, during their meeting on November 6, 2026, accepted Mr. Mankad’s resignation, which was effective from the close of business hours on the same day. The stated reason for his resignation was the change in management of the company.
New Appointment and Governance Update
Ms. Shilpi Shukla has been appointed as the new Company Secretary and Compliance Officer of Baba Arts Limited, with her tenure commencing on November 6, 2026. Ms. Shukla is an associate member of ICSI and brings experience in handling secretarial compliances. The board also acknowledged a request from Mr. Gordhan P. Tanwani and Mr. Rahul G. Tanwani to reclassify their status from ‘Promoter’ to ‘Public’ category. This request will be examined in detail at the next board meeting.
Board Meeting Details
The board meeting where these decisions were made took place on Friday, November 6, 2026, at the company’s registered office. The meeting duration was from 05:30 p.m. to 06:00 p.m.
Source: BSE
