Post-Offer Advertisement filed for Skybridge Interactive LLP open offer on BABA ARTS
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Skybridge Interactive LLP (Acquirer) made an open offer to public shareholders of BABA ARTS LTD at Rs.6 per share for up to 1,32,92,000 equity shares (about 25.32 percent). The Acquirer had already signed a Share Purchase Agreement on Feb 25, 2026 with promoters to acquire 3,92,00,000 shares representing 74.67 percent. This filing is the Post-Offer Advertisement sent to BSE under SEBI SAST Regulation 18(12), confirming the open offer process has concluded.
Open offer closed at Rs.6 per share. Acquirer Skybridge Interactive now controls 74.67 percent plus any tendered shares, giving it ownership of BABA ARTS and a change of control.