Revised disclosure: final tranche of 65 lakh shares transferred to Skybridge Interactive LLP
Baba Arts has shared a revised Annexure A for its 3rd November, 2026 disclosure on the transfer of the final tranche of 65 lakh equity shares by promoter Mr. Gordhan P. Tanwani to M/s. Skybridge Interactive LLP under the Share Purchase.
By ScoutQuest · · 2 min read
- Acquirer holding before transfer
- 3,27,00,602 shares (previously shown as 3,27,00,600)
- Acquirer holding after transfer
- ~3.92 crore shares (previously 3,92,00,600)
- Shareholding post transfer
- Acquirer 74.67% and public 25.32%
Baba Arts Ltd has shared a revised disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015, replacing the Annexure A shared on 3rd November, 2026.
What the revision covers
- The original disclosure related to the transfer of the final tranche of 65 lakh equity shares by Mr. Gordhan P. Tanwani (Promoter) to M/s. Skybridge Interactive LLP (Acquirer) under the Share Purchase Agreement dated 25th February, 2026.
- The revision corrects a clerical error in the Acquirer's shareholding: 3,27,00,602 equity shares before the transfer (previously shown as 3,27,00,600) and ~3.92 crore equity shares after (previously shown as 3,92,00,600).
- The company has asked the exchange to take the corrected Annexure A on record in place of the earlier one.
Shareholding before and after the transfer
- Mr. Gordhan P. Tanwani (Promoter): 65 lakh shares (12.38%) before, Nil after
- Mr. Pravin J. Karia: 8,000 shares (0.01%) before, 8,000 shares (0.01%) after
- Promoter / Promoter Group sub-total: 65,08,000 shares (12.39%) before, 8,000 shares (0.01%) after
- Skybridge Interactive LLP (Acquirer): 3,27,00,602 shares (62.29%) before, ~3.92 crore shares (74.67%) after
- Total (A + B): 3,92,08,602 shares (74.68%) before and after
- Public: 1,32,91,398 shares (25.32%) before and after
- Paid-up equity share capital: 5.25 crore equity shares of Re. 1/- each
Small print worth noting
- The Acquirer's figure includes 602 equity shares acquired by the Acquirer under the Open Offer.
- The annexure states that the existing Promoter / Promoter Group will continue to be shown as such until reclassified under Regulation 31A of the Listing Regulations.
How to read this
- This is a correction of a two-share difference in the Acquirer's share count, not a fresh transaction. The overall picture is the same as the 3rd November, 2026 disclosure: the Acquirer at 74.67% and the public at 25.32% of the paid-up capital.
- The promoter's name continues to appear in the Promoter / Promoter Group block at Nil shares until reclassification, which is a presentation matter described in the annexure itself.
Also from Baba Arts
Baba Arts Ltd-$ shareholder buys 12.38% stake
5 Nov 2026
Promoter Skybridge Interactive LLP acquires 65 lakh shares; stake rises to 74.67%
5 Nov 2026
Baba Arts Ltd-$ shareholder buys 12.38% stake, holding rises to 74.67%
4 Nov 2026
More numbers
- Final tranche of equity shares transferred by promoter to Acquirer65,00,000
- Acquirer holding before transfer (corrected)3,27,00,602
- Acquirer holding after transfer (corrected)3,92,00,602
- Paid-up equity share capital5,25,00,000 equity shares of Re. 1/- each
- Acquirer stake after transfer74.67%
- Public shareholding before and after transfer25.32%
- Promoter Mr. Gordhan P. Tanwani stake before transfer12.38%
- Equity shares acquired by Acquirer under the Open Offer602
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