Announced Fri, 9 Oct, 2026 · 21:01 IST

Baba Arts gets new board after Skybridge open offer takeover

Ceo ResignedCfo ResignedCeo Appointed ExternalMultiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹18.39

prior close

₹18.38

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.8%+0.3% vs market

Film Production, Distribution & Exhibition peers, median of 15sector-1.0%+2.2% vs sector

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.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.1

10m

-1.4

15m

-0.4

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1+0.8+0.3-1.0+2.2

Next day

+12.2+1.0+11.2+0.0+12.2

+24.0+1.7+22.2+0.8+23.2

+28.9+0.1+28.8+0.8+28.1

+22.5+0.8+21.7-0.3+22.8

+18.5-0.9+19.4+0.7+17.8

+14.7-4.5+19.2-2.6+17.3

15d

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UpDownMarket · Nifty Microcap 250Sector · Film Production, Distribution & Exhibition peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Baba Arts board has been fully reconstituted after Skybridge Interactive LLP completed an open offer and took control. 5 members resigned on 9 Oct 2026 including Chairman and MD Nikhil Tanwani, CFO Ajay Acharya, and two independent directors Hemraj Chheda and Shekhar Mennon. 5 new members were appointed, with Ms Vidya Pishe as the new MD for 5 years and Mr Chandresh Upadhyay as new independent Chairman. All changes are linked to the change in management and control following the open offer under SEBI takeover rules.

Likely market impact

Complete management change at Baba Arts. New promoter Skybridge Interactive now in control. Watch for fresh business strategy and quarterly results under new leadership.