BSEInsider Trading / SAST8 Oct 2026 · 8 Oct 2026, 09:16 am

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gordhan P Tanwani & Others

Baba Arts Ltd-$ · 532380

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Gordhan P. Tanwani, a promoter of Baba Arts Ltd, has transferred 3.27 crore equity shares to Skybridge Interactive LLP under a share purchase agreement dated February 25, 2026. The transfer is in connection with a change of control under Regulation 3(1) & 4 of the SEBI (SAST) Regulations, 2011.

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Baba Arts Ltd-$ - 532380 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011

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GORDHAN P. TANWANI 801, Sai Samarth Plot no.234, 11th Road, Khar (W), Mumbai-400052 October, 2026 The Deputy Company Secretary, The BSE Limited Corporate Relationship Department Dalal Street Mumbai 400001 Dear Sir. Re: Off Market Transfer of 3,27,00,000 Equity Shares of Baba Arts Limited ("the Company") from Mr. Gordhan P. Tanwani to M/s. Skybridge Interactive LLP pursuant to the Share Purchase Agreement ("SPA") dated 25" February, 2026. With reference to the subject matter, I am submitting herewith my disclosure under Regulation 29(2) of SEBI (SAST) Regulations, 2011 being my report in respect of off market transfer of 3,27,00,000 equity shares of the Company by me to Mis. Sky bridge Interactive LLP pursuant to the SPA dated 25" February, 2026. Please take the same on your records. Thanking you, Yours truly, GORDHA7I Copyto:� Baba Arts Limited GORDHAN P. TANWANI 801, Sai Samarth Plot no.234, 11th Road, Khar (W), Mumbai-400052 Disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 Name of the Target Company {TC} BABA ARTS LIMITED Name(s) of the Seller and Persons Mr. Gordhan P. Tanwani- Promoter 1 Acting in Concert (PAC} with the Mr. Rahul G. Tanani -Promoter 2 Mr. Pravin Karia - PAC acquirer Whether the Seller belongs to YES-Existing Promoter 1 Promoter/Promoter group Name(s) of the Stock Exchange(s) BSE LIMITED where the shares of TC are Listed Details of the disposal as Number of % w.r.t. total % w.r.t. total diluted follows Equity share/voting share/voting capital of Shares capital the TC() wherever applicable Before the disposal under consideration, holding of: a) Shares carrying voting rights Promoter 1 Promoter 1 Promoter 1 3,92,00,000 74.67 74.67 Promoter 2 Promoter 2 Promoter 2 NIL NIL NIL PAC PAC PAC 8000 0.001 0.001 b) Shares in the nature of NIL NIL NIL encumbrance (pledge/ lien/non- disposal undertaking/ others) c) Voting rights (VR) otherwise NIL NIL NIL than by shares d) Warrants/convertible NIL NIL NIL securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) Total (a+b+c+d) 3,92,08,000 74.68 74.68 GORDHAN P. TANWANI 801, Sai Samarth Plot no.234, 11th Road, Khar (W), Mumbai-400052 Details of sale a) Shares carrying voting rights Promoter 1 Promoter 1 Promoter 1 acquired/sold 3,27,00,000 62.29 62.29 Promoter 2 Promoter 2 Promoter 2 NIL NIL NIL PAC PAC PAC NIL NIL NIL b) VRs sold otherwise than by NIL NIL NIL shares c) Warrants/convertible NIL NIL NIL securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) sold d) Shares NIL NIL NIL encumbered/invoked/released by the acquirer Total (a+b+c+d) 3,27,00,000 62.29 62.29 After the sale, holding of: a) Shares carrying voting rights Promoter 1 Promoter 1 Promoter 1 65,00,000 12.38 12.38 Promoter 2 Promoter 2 Promoter 2 NIL NIL NIL PAC PAC PAC 8000 0.001 0.001 b) Shares encumbered with the NIL NIL NIL acquirer c) VRs otherwise than by shares NIL NIL NIL d) Warrants/convertible NIL NIL NIL securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition. Total (a+b+c+d) 65,08,000 12.39 12.39 GORDHAN P. TANWANI 801, Sai Samarth Plot no.234, 11th Road, Khar (W), Mumbai-400052 5. Mode of sale (e.g. open market / Sale -Off Market sale pursuant to Share Purchase off-market/ public issue/ rights Agreement dated 25" February, 2026 (in Connection with Change of Control under Regulation 3(1)& 4 of the issue / preferential allotment / SEBI (SAST) Regulations, 2011 inter-se transfer etc). 6. Date of sale of shares 6" October, 2026 7. Equity share capital / total Rs.5,25,00,000 (Rupees Five Crore Twenty Five Lakhs voting capital of the TC before Only) the said acquisition/ sale Equity share capital/ total Rs.5,25,00,000 (Rupees Five Crore Twenty Five Lakhs voting capital of the TC after Only) the said acquisition / sale 9. Total diluted share/voting capital Rs.5,25,00,000 (Rupees Five Crore Twenty Five Lakhs of the TC after the said Only) acquisition/sale. GORDHAN PRABHUDAS TANWANI PROMOTER DATE:GT OCTOBER, 2026