CFO Ajay D. Acharya resigns following change in management control
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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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Baba Arts board accepted the resignation of Mr. Ajay D. Acharya as Chief Financial Officer and Key Managerial Personnel effective 9 October 2026, consequent upon change in management and control of the company following the successful completion of the Open Offer by Skybridge Interactive LLP under SEBI Takeover Regulations. He confirmed books of accounts are in order, all tax and XBRL filings are up to date, and no material adverse financial matter is pending. The new management is expected to appoint a replacement CFO shortly.
CFO exit follows takeover by Skybridge Interactive LLP. Expect new management to appoint a successor CFO and possible further board or management changes.