BABaba Arts532380Promoter stake sell

Promoter transfers 65 lakh equity shares to Skybridge Interactive LLP

Promoter Gordhan P. Tanwani transferred 65 lakh equity shares to M/s. Skybridge Interactive LLP on 3 November 2026 by way of an off-market transfer.

By ScoutQuest · Tue 3 Nov 2026, 5:17 PM IST · 1 min read

Shares Transferred

65 lakh equity shares

Transferee

M/s. Skybridge Interactive LLP

Shareholding Change

12.38% to NIL

Promoter shareholding change

The update is a Form C disclosure reporting a change in the shareholding of Mr. Gordhan P. Tanwani, identified as a promoter. It records a transfer of 65 lakh equity shares to M/s. Skybridge Interactive LLP.

Transfer details

• The transfer took place on 3 November 2026.
• It was by way of an off-market transfer.
• The update links it to a Share Purchase Agreement dated 25 February 2026.
• The shares involved are equity shares.

Ownership before and after

• Before the transfer, Mr. Tanwani's disclosed shareholding was 12.38%.
• After the transfer, the disclosed shareholding is NIL.

What this means for a retail reader

A promoter's disclosed holding moving from 12.38% to NIL is a complete change in the reported promoter shareholding. The update identifies Skybridge Interactive LLP as the entity receiving the 65 lakh equity shares.

Form C is the format used to report changes in shareholding by promoters and certain connected persons. The company has asked the exchange to take the information on record.

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