BSEBaba Arts Ltd-$MediumNeutral
Announced Thu, 3 Apr · 15:46 IST

Please find enclosed the yearly disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 received from Mr.Gordhan P. Tanwani and Mr.Rahul ....

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Awaiting price reaction for this filing.

AI summary

Baba Arts Ltd has submitted the annual disclosure under SEBI Takeover Regulations for FY ending 31 March 2025. Promoters Gordhan P. Tanwani and Rahul G. Tanwani, along with Person Acting in Concert (PAC) Pravin J. Karia, together hold 3,92,08,000 (3.92 crore) equity shares in the company as on 31 March 2025. The promoters have declared that no new encumbrance (pledge or similar charge) was created on their shares during the financial year, other than what was already disclosed earlier. This is a routine annual compliance filing required of promoters holding more than 25% in a listed company.

Likely market impact

This is a routine regulatory disclosure with no new financial action. Shareholders can take comfort that promoter holdings and encumbrance status remain unchanged from prior disclosures, meaning no surprise pledging or stake movement during the year.