Baba Arts: Change in control, new management takes over
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 2.2 pts more than its Film Production, Distribution & Exhibition peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Skybridge Interactive LLP acquired 62.29 percent stake (3.27 crore shares) from promoter Mr Gordhan Tanwani, completing the open offer and triggering a change in control. MD Nikhil Tanwani, CFO Ajay Acharya, and 2 independent directors resigned. Ms Vidya Pishe appointed as new Managing Director. Mr Chandresh Upadhyay elected new chairperson. 27th AGM on 3 Nov 2026.
Major ownership change brings new management. Watch for strategy shift under Skybridge Interactive LLP and AGM vote on new directors.