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Baba Arts Ltd M&A Activity 2026

Jun 8, 2026

64111_rns_2026-06-08_82d9f7ad-4272-481e-a273-7b242ce6968c.pdf

M&A Activity

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Bonanza

BONANZA PORTFOLIO LTD.

CIN: U65991DL1993PLC052280

SEBI Regd. DP No.: IN-DP-62-2015

UNIFIED SEBI Regd. No.: INZ000212137

AMFI Registration No.: 0186

RA Registration No.: INH100001666

PMS Registration No.: INP000000985

Date: Monday, June 08, 2026

To,

BSE Limited,

P.J. Towers, Dalal Street,

Mumbai – 400 001,

Maharashtra, India

Respected Sir/ Ma’am,

Ref: Open offer made by Skybridge Interactive LLP (“Acquirer”) for acquisition of up to 1,32,92,000 Equity Shares representing *25.32% of the Equity and Voting Share Capital of Baba Arts Limited (“Target Company”) from the Public Shareholders of the Target Company.

Sub: Submission of Pre Open Offer Advertisement cum Corrigendum to the Detailed Public Statement.

We would like to inform you that, by Skybridge Interactive LLP, the Acquirer, has made an Open Offer to Public Shareholders of the Baba Arts Limited for acquiring 1,32,92,000 Equity shares of ₹1.00 each, representing *25.32% of the Equity and Voting Share Capital at a negotiated price of ₹6.00 per share.

*As per Regulation 7 of the SEBI (SAST) Regulations, 2011, the Offer Size, for the Open Offer under Regulations 3(1) and 4 of the SEBI (SAST) Regulations, 2011, should be for at least 26.00% (Twenty-six percent) of the Equity and voting share capital of the Target Company. However, the Offer Size is restricted to 1,32,92,000 (One Crore Thirty-Two Lakh Ninety-Two Thousand) fully paid up Equity Shares, being the Equity Shares held by the Public Shareholders, representing 25.32% of the Equity and voting share capital of the Target Company.

In light of the above and in accordance with the provisions of Regulation 18(7) of the SEBI (SAST) Regulations, please find enclosed the copy of Pre Open Offer Advertisement cum Corrigendum to the Detailed Public Statement appeared in today’s/newspapers, namely being, Financial Express (English daily-All Editions), Jansatta (Hindi daily-All Editions) and Mumbai Lakshadeep (Marathi Daily) (Mumbai Edition), for your kind perusal.

We hope your good self will find the above in order and request you to kindly upload the Pre-Offer Advertisement cum Corrigendum to the Detailed Public Statement on your website.

Thanking you,

Yours faithfully,

For Bonanza Port of the Limited

Swati Agrawal

(Assistant Vice President)

Encl.: As above


The Uffe Advertisement and Configuration of the Media Profile Statement, in accordance with Regulation 367 of 2000 (i) Materials Acquisition of Shares and Telecoms)
Regulation, 2011, for the direction of the Public Stockholders

BABA ARTS LIMITED

Corporate Identification Number (113) 1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

The Advertisement is being issued to the group of holders and to the "Manager to the Offer", a contract of distribution, distribution, or if "Required" to account for Regulation, 367 of the Agreement and the terms thereof, as a part of the "Trade and Marketing Agreement" (Title 113 of 100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

The Advertisement is being issued to the group of holders and to the "Manager to the Offer", a contract of distribution, distribution, or if "Required" to account for Regulation, 367 of the Agreement and the terms thereof, as a part of the "Trade and Marketing Agreement" (Title 113 of 100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

The Advertisement is being issued to the group of holders and to the "Manager to the Offer", a contract of distribution, distribution, or if "Required" to account for Regulation, 367 of the Agreement and the terms thereof, as a part of the "Trade and Marketing Agreement" (Title 113 of 100000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

The Advertisement is being issued to the group of holders and to the "Manager to the Offer", a contract of distribution, distribution, or if "Required" to account for Regulation, 367 of the Agreement and the terms thereof, as a part of the "Trade and Marketing Agreement" (Title 113 of 10000000000000000000000000000000000000000000000000000000000000000000000000000

The Advertisement is being issued to the group of holders and to the "Manager to the Offer", a contract of distribution, distribution, or if "Required" to account for Regulation, 367 of the Agreement and the terms thereof, as a part of the "Trade and Marketing Agreement" (Title 113 of 10000000000000000000000000000000000000000000000000000000000000000

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