Pursuant to Regulation 30 of the Listing Regulations, we have to intimate that the company has received an email on 06/08/2025 along with recovery order dated 07/07/2025 from the office ....
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Awaiting price reaction for this filing.
Baba Arts Ltd informed the stock exchange that it has received an email on 06/08/2025 along with a recovery order dated 07/07/2025 from a regulatory office. The company is disclosing this under Regulation 30 of the Listing Regulations, which mandates disclosure of material events. The full details of the issuing authority and the amount involved were not visible in the truncated filing text. The company has acknowledged receipt of the order but further details on the nature and quantum of the recovery would be needed to assess the financial impact.
Without the full text, the financial impact is unclear, but a recovery order typically means the company may need to pay a specified amount to the issuing authority. Shareholders should watch for follow-up disclosures clarifying the amount and whether the company plans to contest the order.