Pursuant to your email dated 10th October, 2026 please find enclosed Outcome of Board Meeting dated 09-10-2026

HEM(cid:4) CHHEDA 201 A Wing, Balaji Garden Road No. 5, S(cid:27)eme No.6, Opp: Indian Gymkhana, Mumbai 40?19 Date: OHober, 2026 The Board of Directors, Baba Arts Limited, B1 & 84, Baba House, 86, M.V. Road, Andheri (East) Mumbai 4(cid:8)93 Subject: Resignation as independent Dire%or of Baba A/ Limited consequent upon change in management pursuant to completion of Open Offer under S£BI (SubstanUal Acquisition of Shares and Takeovers) Regulations, 2011. Dear Sir/ Madam, I, Hemraj G. Chheda, hereby tender my resignaªon as an Independent DireÀor of Baba AÊs Limited ("the Company") with immediate eeect, consequent upon the change of management and control of the Company pursuant to successful completion of the Open Offer process by M/s. Skybridge Interactive LtP, under the SE8I (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. In terms of Regulation 30 of the SEBI LODR Regulations, I confirm that the reason for my resignation is solely the change in management consequent upon the Open Offer as aforesaid, and not on account of any other rea”n. I Õrther conÞrm that there are no other material reasons for my resignation that need to be brought to the notice of the shareholders or regulatoK authoQties. In compliance with the proviso to Section 168(1) of the Companies Act, 2013 and SE•I Circular No. SEBI/HO/CFD/CMD/CIR/P/2021/½3 dated January 08, 2021 (as amended), I conârm: (i) I have provided this letter of resignation to the Company's registered email address and DIN-registered email address simultaneouªy. (ii) I have no subsisting dues or claims against oe Company as on date. (iii) I have no knowledge of any fraud, misconduct, or impropriety in the affairs of the Company as on date that has not been previously repo–ed. I understand that this le®er of resignation shall be disclosed to the stock exchange(s) by the Company and shall aöo be placed be law. Please find bfeolorew t hthee s dheatraeihlso lodfe mrsy adt irtheec tonersxht ipG eannedr aml eMmebeetirnsgh iopf atnhde Cmoemmpbaenrys,h iaps oref qthueir eBdo aurndd eCro mmittees in other listed entities before this resignation became effective: Sr. No Name of the Listed Entity Catego… ofm Dire(cid:141)orship Membership of Board Committe« (cid:1) I am not a ¬re¯or in any other ¼sted entity. l take this oppoÔuniØ to convey my appreciation to the Board, the management, and the entire team of the Company for the professional engagement during my tenure. Hemraj G. Chheda (DIN 00113766) SHEKHAR MENNON @2_l_.Marigold CHsL(cid:5)oshiwar@_M(cid:16)ADA(cid:20)Opposite Oshwara P%_Andheri_West.Mumbai-4poo53 Date: 9i Octobe(cid:14) 2026 The Board of Dire(cid:15)ors, Baba Arts Limited, B1&B4, Baba House, 86, M.(cid:6) Road, Andheri (East) Mumbai 400093 Subject: Resigna(cid:16)on as Independent Director of Baba A/s Limited consequent upon change in management pursuant to comple(cid:28)on of Open O&er under SE8I (Substan:al AcquisiDon of Shares and Takeovers) Regulabons, 2011. Dear Sir / Madam, I, Shekhar Mennon, hereby tender my resignaLon as an Independent Direbor of Baba Als Limited ("the Company") with immediate effect, consequent upon the change of management and control of the Company pu\uant to successful comple“on of the Open O er process by M/s. Skybridge InteracÀve LLÅ under the SE8I (SubstanÚal Acquisiäon of Shares and Takeovers) Regula(cid:3)ons, 2011. In terms of Regula(cid:28)on 30 of the SEBI LODR Regula4ons, I con=rm that the reason for my resignaYon is solely the change in management consequent upon the Open Offer as aforesaid, and not on account of any other reason. I further conÊrm that there are no other material reasons for my resignaûon that need to be brought to the no(cid:25)ce of the shareholders or regulatory authori@es In compliance with the proviso to Secbon 168(1) of the Companies Act, 2013 and SEBI Circular No. SEBI/HO/CFD/ CMD/CIR/P/2021/003 08, 2021 I (i) I have provided this letter of resignaÙon to the Compançs registered email address and DIN-registered email address simultaneouslyd. ated January (as amended), con(cid:28)rm: (ii) I have no subsis9ng dues or claims against the Company as on date. (iii) I have no knowledge of any fraud, misconduct, or impropriety in the affairs of the Company as on date that has not been previouÊy reported I understand that this leéer of resignaõon shall be disclosed to the stock exchange(s) by the Company and shall also be placed before the shareholders at the next General Meefng of the Company, as required under law Please Žnd below the details of my directorship and membership and membership of the Board CommiÙees in other listed enìíes before öis resigna(cid:1)on became effec(cid:15)ve: Sr No Name of the Listed En%ty Catego. of Dire5orship Membership of Board CommiRees 1 Rose Merc Limited Independent Director 1 Audit Committee - Chairman 2 Stakeh(cid:8)der G(cid:13)evance & R(cid:22)ationship Committee. - Chairman 3 Nomination Committee - Member 4.Compensation Committee - Member 5. A#otmenl Committee - Member I take this oppoéunity to convey my apprecia(cid:2)on to the Board, the management, and the en&re team of the Company for the professional engagement during my tenure. V!h/u%y, Shekhar Mennon (DIN: 02262964)