Announced Thu, 8 Oct, 2026 · 09:16 IST
Promoter sells 62.29% stake in Baba Arts to Skybridge Interactive LLP
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹15.67
prior close
₹17.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+6.2+7.4+7.4+7.4——————————
Up moveDown movePending
AI summary
Promoter Gordhan P. Tanwani sold 3,27,00,000 shares (62.29%) of Baba Arts off-market to Skybridge Interactive LLP via a Share Purchase Agreement dated 25 Feb 2026. Post-sale, Promoter 1 holding drops from 74.67% to 12.38%. Total promoter group holding falls to 12.39%. Filed as a Change of Control under SAST Regulations 3(1) and 4.
Likely market impact
Change of control event. Major promoter stake reduction may trigger open offer obligations under SAST. Stock may see volatility.