Baba Arts Limited has secured an additional extension of time from the Registrar of Companies (ROC) to conduct its 27th Annual General Meeting (AGM) for the financial year ended March 31, 2026. The approval extends the deadline by one month and fifteen days, moving the final date for the meeting to November 15, 2026.

The ROC, Maharashtra, Mumbai, granted this relief under the second proviso to Section 96(1) of the Companies Act, 2013. The company had initially faced a statutory deadline of September 30, 2026, to hold the meeting following the closure of its accounting year on March 31, 2026. The extension was approved via an order dated September 29, 2026, in response to an application filed by the company on September 21, 2026.

Regulatory Compliance and Next Steps

The Board of Directors will convene a separate meeting to determine the specific day, date, time, and venue or mode of the 27th AGM. Following this decision, the company is required to submit the notice convening the meeting, along with the record date for remote e-voting and the Annual Report for FY26, to the stock exchanges.

These disclosures must be made in accordance with Regulations 30, 34, 42, and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, within the prescribed timelines. The ROC order explicitly advised the company to exercise greater care in future compliance with the provisions of the Companies Act, 2013.

Key Dates and Details

The company stated that the reasons for seeking the extension were detailed in the letter attached with the e-form application submitted to the ROC. No further operational or financial details regarding the delay were disclosed in the public filing.

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.