Pursuant to Regulation 30 of the Listing regulationswe have to inform you that the Board of Directors of the Company at its meeting held on 9th October 2026 have transacted the following business: 1.to Note of change in Control 2.Approve appointment of Additional Directors 3.Approve Appointment Chairman of the Board 4.Noted resignation of Directors and CFO 5.Approve Appointment of MAnaging Director 6.Noted Resignation of Secretarial Auditor ....

BABA ARTS LIMITED CIN: L72200MH1999PLC119177 B1 & B4, Baba House, 86, M.V. Road, Andheri (East), Mumbai 400093 Tel: 022 4979 4623 Website: www.babaartslimited.com Email: babaartslimited@yahoo.com/investors@babaartslimited.com Date: 9th October, 2026 BSE Limited Corporate Relationship Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai 400001 Scrip Code: 532380 Scrip ID: BABA ISIN: INE893A01036 Dear Sir/ Madam, Sub: Outcome of the Meeting of the Board of Directors held on Friday, 9th October, 2026 -- Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 read with Part A of Schedule Ill to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations"), we inform you that the Board of Directors of the Company, at its meeting held today, i.e. Friday, 9th October, 2026, which commenced at 1.30 p.m. and concluded at 3.45 p.m., has, inter alia, transacted the following business: 1. Change in control: Took note of the completion of the open offer under the SEBI (SAST) Regulations, 2011 and of the transfer on 6th October, 2026 of 3,27,00,000 equity shares (62.29%) by Mr. Gordhan P. Tanwani ("Promoter") to Skybridge Interactive LLP ("the Acquirer"), resulting in a change in control of the Company in favour of the Acquirer, as already disclosed on 6th October, 2026. The balance 65,00,000 equity shares (12.38%) are to be transferred as the Final Tranche in terms of the completion of terms of Closing as per Share Purchase Agreement dated 25" February, 2026. 2. Appointment of Additional Directors with effect from 9th October, 2026, on the recommendation of the Nomination and Remuneration Committee: (a) Mr. Eknath Bade (DIN 11523239) - N o n Independent Non-Executive Director; (b) Mr. Hardeep Darshan Singh Sangha (DIN 11752789) Non Independent Executive Director; (c) Ms. Neeru Saini (DIN 03617003) -Independent Director, for a term of 5 consecutive years up to 8th October, 2031; (d) Mr. Chandresh Dutt Upadhyay (DIN 01140078) - Independent Director, for a term of 5 consecutive years up to 8th October, 2031; and (e) Ms. Vidya Pishe (DIN 11881924)- Additional Director. The Additional Directors hold office up to the ensuing 27th AGM. The appointment of the Independent Directors is subject to the approval of the members. The details required under the Listing Regulations read with the SEBI Master Circular dated 11th November, 2024 are given in Annexure A. 3. Chairperson: Elected Mr. Chandresh Dutt Upadhyay (DIN 01140078), Independent Director, as the Chairperson of the Board, in place of Mr. Nikhil G. Tanwani. BABA ARTS LIMITED CIN: L72200MH1999PLC119177 B1 & B4, Baba House, 86, M.V. Road, Andheri (East), Mumbai 400093 Tel: 022 4979 4623 Website: www.babaartslimited.com Email: babaartslimited@yahoo.com/investors@babaartslimited.com 4. Resignations - Consequent upon change in control of the Company, took note of the resignations of Mr. Nikhil G. Tanwani (DIN 01995127) as Managing Director and Director; Mrs. Malavika A. Acharya (DIN 07007469) as Director, Mr. Hemraj Chheda (DIN 00113766) and Mr. Shekhar Mennon (DIN 02262964) as Independent Directors; and Mr. Ajay D. Acharya as Chief Financial Officer (CFO) with effect from the close of business hours on 9th October, 2026. All the Directors who have resigned and the CFO have confirmed that there are no other material reasons involved for their resignation which is clearly mentioned in their letter. Resignation Letters are attached for your reference. 5. Appointment of Managing Director: Appointed Ms. Vidya Pishe (DIN 11881924) as the Managing Director of the Company for a period of 5 years from 9th October, 2026 to 8th October, 2031, subject to the approval of the members. 6. Committees: Reconstituted the Audit Committee, the Nomination and Remuneration Committee and the Stakeholders' Relationship Committee, as set out in Annexure B. 7. Secretarial Auditor: Took note of the resignation of M/s. Dholakia & Associates LLP, Company Secretaries, as Secretarial Auditor with effect from 9th October, 2026, and, on the recommendation of the Audit Committee, appointed M/s. G. R. Gupta & Associates, Company Secretaries (Peer Review Certificate No. 6200/2024), to fill the casual vacancy up to the conclusion of the 27th AGM, and recommended their appointment for a first term of 5 consecutive years from the conclusion of the 27th AGM to the conclusion of the 32nd AGM (FY 2026-27 to FY 2030-31), subject to the approval of the members. 8. Internal Auditor: Appointed M/s. Jitendra Chandulal Mehta & Co., Chartered Accountant, as Internal Auditor for FY 2026-27, in place of M/s. SCA & Associates. 9. Materiality: Authorised Ms. Vidya Pishe (Managing Director) and Mr. Hardeep Darshan Singh Sangha, (Executive Director) under Regulation 30(5) of the Listing Regulations to determine the materiality of events or information. Contact details are in Annexure D. 10. Board Report: Approved the Board's Report, the Corporate Governance Report and the Management Discussion and Analysis Report for FY 2025-26. 11. 27th Annual General Meeting: Decided to convene the 27th AGM of the Company on Tuesday, 3rd November, 2026 at 11.30 a.m. (1ST) through VC / OAVM, and fixed the cut-off date and e-voting period as set out in Annexure C. We further confirm that none of the Directors appointed today is debarred from holding the office of director by virtue of any order of SEBI or any other such authority (BSE Circular NO. LIST/COMP/14/2018­ 19 dated 20th June, 2018). This disclosure is also being placed on the website of the Company at www.babaartslimited.com. Thanking you, Yours faithfully, For BABA ARTS LIMITED Naishadh H. Mankad Company Secretary and Compliance Officer Membership No. A2996 Annexure A - Details of Directors/ KMP appointed Particulars Ms. Vidya Pishe Mr. Hardeep Darshan Mr. Eknth Bade Singh Sangha (1) (2) (3) DIN 11881924 11752789 11523239 Reason for change Appointment as Appointment as Executive Appointment as Additional Director and Additional Director, j Additional Director (Non Managing Director, consequent upon the Independent Non­ consequent upon the change in management Executive), consequent change in management and control. upon the change in and control management. Date of appointment 9th October, 2026 9th October, 2026 9th October, 2026 Term Additional Director up to Additional Director up to Additional Director up to the 27th AGM; MD for 5 the 27th AGM; proposed the 27th AGM; proposed years -- 9" October, 2026 for appointment as a for appointment as a to 8" October, 2031, Director liable to retire by Director liable to retire by subject to members' rotation in the 27\AGM. rotation approval; liable to retire by rotation Remuneration Rs. 9,60,000 p.a. To be decided by the Sitting fees only (all-inclusive) Board of Directors Not entitled to any sitting fees for attending meetings of the Board or its Committees. Qualification Graduate Graduate Graduate Brief profile Strategic marketing, Experience in studying of Extensive hands-on operational management, market trends, audience experience across the and scaling enterprises psychology, and content business landscape, with monetization. deep understanding of market dynamics, scaling enterprises, and navigating complex competitive environments. Relationship with l None None None other directors ---- Shareholding in the Nil Nil Nil Company Affirmation on SEBI Not debarred by any order Not debarred by any order Not debarred by any order debarment of SEBI or any other of SEBI or any other of SEBI or any other authority authority authority I Particulars Ms. Neeru Saini Mr. Chandresh Dutt Upadhyay (4) ( s ) DIN 03617003 01140078 Category Additional Director -Independent Additional Director - Independent Director (Non-Executive) Director (Non-Executive); elected Chairperson of the Board Reason for change Appointment con e ent p n the Appo ntment cons uent u on the [Showing first 8,000 characters — download PDF for full document]