Baba Arts Limited has announced an inter-se transfer of equity shares between its promoters in compliance with SEBI insider trading regulations. The transaction involves the transfer of 1,26,00,000 equity shares from one promoter to another through a gift arrangement.

Transaction Details

The share transfer was executed on February 6, 2026, between two key promoters of the company. The transaction represents a significant movement of equity shares within the promoter group through an off-market transfer mechanism.

Promoter Shareholding Changes

The transaction resulted in substantial changes to the shareholding pattern of both promoters involved in the transfer.

Gordhan P. Tanwani (Acquirer)

Gordhan P. Tanwani, holding DIN 00040942, acquired the shares from his son Rahul G. Tanwani through the gift arrangement. His address is listed as 801, Sai Samarth, 11th Road, Khar West, Mumbai-400052.

Rahul G. Tanwani (Transferor)

Rahul G. Tanwani, holding DIN 03325233, transferred his entire shareholding to his father. His address is also listed as 801, Sai Samarth, 11th Road, Khar West, Mumbai-400052.

Regulatory Compliance

The company submitted the required disclosures to BSE Limited on February 10, 2026, pursuant to Regulation 7(1) and 7(2) of SEBI (Prohibition of Insider Trading) Regulations 2015. Both promoters filed Form C disclosures detailing the changes in their respective shareholdings.

The disclosure was signed by Naishadh H. Mankad, Company Secretary & Compliance Officer, and submitted to the Corporate Relationship Department of BSE Limited. The company's scrip code is 532380 and trades under the symbol BABA on the exchange.

Baba arts Limited has announced a significant inter-se transfer of equity shares between its promoters under SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. The transaction involves the transfer of 1,26,00,000 equity shares from one promoter to another through a gift arrangement.

Transaction Details

The proposed acquisition involves Gordhan P. Tanwani acquiring shares from his son Rahul G. Tanwani by way of gift. The transaction is structured as an inter-se transfer under Regulation 10(1)(a)(i) of SEBI SAST Regulations, which provides exemption from making an open offer to public shareholders.

Shareholding Impact

The transaction will significantly alter the shareholding pattern of the company's promoter group. The transfer represents a consolidation of shares within the promoter family.

Regulatory Compliance

The acquirer has made necessary declarations under SEBI SAST Regulations 2011. Key compliance aspects include:

• The transaction qualifies for exemption under Regulation 10(1)(a)(i)
• Both transferor and transferee have complied with disclosure requirements under Chapter V of Takeover Regulations during the previous 3 years
• The shares are classified as not frequently traded
• All conditions specified under Regulation 10(1)(a) regarding exemptions have been fulfilled

Rationale for Transfer

According to the disclosure, the shares are being gifted by Rahul G. Tanwani to his father Gordhan P. Tanwani out of natural love and affection. This represents a family arrangement within the promoter group rather than a commercial transaction.

The formal disclosure was submitted to BSE Limited on January 31, 2026, in compliance with regulatory requirements for substantial acquisition of shares.