Baba Arts has secured a one-month extension from the Registrar of Companies (ROC) to hold its 27th Annual General Meeting (AGM), pushing the new deadline to October 29, 2026. The ROC, Maharashtra, Mumbai, granted the approval on August 21, 2026, under Section 96(1) of the Companies Act, 2013.

The company had originally applied for a three-month extension, seeking to delay the meeting until December 31, 2026. However, the ROC approved only a one-month extension, citing the pendency of management change consummation as sufficient grounds for the shorter period.

Revised Timeline and Regulatory Compliance

The original due date for the AGM regarding the financial year ended March 31, 2026, was September 30, 2026. With the ROC's order dated August 21, 2026, the company now has until October 29, 2026, to convene the meeting. The Board of Directors must fix the final date, time, and venue, and intimate the exchange in accordance with Regulations 30, 34, 42, and 44 of the SEBI Listing Regulations, 2015.

Context for Delay

The delay is attributed to the ongoing consummation of a change in management and control. This process stems from a Share Purchase Agreement dated February 25, 2026, and the associated Open Offer. A substantial portion of the business proposed for discussion at the AGM is contingent upon the completion of these transactions.

Impact and Disclosures

Baba Arts stated that the extension will have no adverse impact on its operations or financial position. The audited financial results for FY26 have already been approved and published in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company disclosed this development pursuant to Regulation 30 read with Regulation 30(6) of the SEBI Listing Regulations, 2015. The ROC advised the company to be careful in future compliance with the provisions of the Companies Act, 2013.

Baba Arts Limited has postponed its Board of Directors meeting, originally scheduled for Tuesday, August 11, 2026, citing administrative reasons and the unavoidable unavailability of certain directors. The postponement impacts the timeline for reviewing the company’s financial performance for the fiscal year ended March 31, 2026 (FY26), as well as strategic decisions regarding asset disposal and shareholder meetings.

The Board was set to consider several critical agenda items, including the Board’s Report for FY26 and the recommendation of a Special Resolution under Section 180(1)(a) of the Companies Act, 2013. This resolution pertains to the sale of the immovable premises of the Company. Additionally, the Board was scheduled to fix the day, date, time, and venue for the Company’s 27th Annual General Meeting (AGM).

As of the intimation dated August 10, 2026, no revised date for the Board Meeting has been finalized. Baba Arts Limited stated that it will intimate the fresh date to the exchange separately and in advance, in compliance with Regulation 29(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, once decided.

Regulatory Compliance and Trading Window

The Company filed this intimation under Regulation 29 read with Regulation 30 of the SEBI (LODR) Regulations, 2015. This follows an earlier intimation dated August 4, 2026, filed under Regulation 29 of the same regulations.

The trading window for dealing in the securities of Baba Arts Limited remains closed. This closure is in terms of the Company's Code of Conduct for Prevention of Insider Trading framed under Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will remain closed until further notice and is scheduled to reopen 48 hours after the outcome of the rescheduled Board Meeting is made public.

Agenda Items Postponed

The following key matters were pending consideration at the postponed meeting:

Investors are advised to monitor subsequent filings for the rescheduled date of the Board Meeting and any updates regarding the proposed sale of immovable property.