Promoter sells 3.27 cr shares (62.29%) to Skybridge Interactive via off-market SPA

Promoter sold over 1%Promoter holding below 50%Ownership 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

+12.7%Reaction day

₹13.91

prior close

₹14.68

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+12.9% vs market

Film Production, Distribution & Exhibition peers, median of 14sector+0.7%+12.0% vs sector

On the reaction day the stock moved 12.9 pts more than Nifty Microcap 250 and 12.0 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

+6.7

10m

+6.7

15m

+6.7

30m

+6.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+12.7-0.2+12.9+0.7+12.0

Next day

+24.8-3.0+27.8+1.4+23.4

+32.2-2.7+34.9+1.3+30.9

+33.7-1.9+35.6-0.4+34.1

+48.4-1.7+50.1+1.0+47.4

+63.9-1.0+64.9+1.0+62.9

+62.0-2.0+63.9-0.7+62.7

15d

+60.4-6.6+67.0-4.1+64.5

—————

UpDownMarket · Nifty Microcap 250Sector · Film Production, Distribution & Exhibition peers, median of 14Pending

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

AI summary

Promoter Gordhan P. Tanwani sold 3,27,00,000 shares (62.29% of capital) of Baba Arts Ltd to Skybridge Interactive LLP off-market through a Share Purchase Agreement dated 25 Feb 2026. This triggers Change of Control under SEBI SAST Regulations 3(1) and 4. Promoter stake drops sharply from 74.67% to 12.38%, while Skybridge becomes the new controlling entity of the company.

Likely market impact

Major change of control. Promoter holding collapses from 74.67% to 12.38%. Expect open offer and significant stock volatility.