BABA ARTS : SKYBRIDGE INTERACTIVE TAKES CONTROL WITH 62.29% STAKE

• Skybridge Interactive LLP acquired 3,27,00,000 equity shares (62.29%) from promoter Mr. Gordhan P. Tanwani on 6th October, 2026 • Balance 65,00,000 equity shares (12.38%) to be transferred as the Final Tranche under Share Purchase Agreement dated 25th February, 2026 • Open offer under SEBI (SAST) Regulations, 2011 completed, resulting in change in control in favour of the acquirer • Board appointed Ms. Vidya Pishe as Managing Director for 5 years from 9th October, 2026 to 8th October, 2031; Mr. Chandresh Dutt Upadhyay elected Chairperson • Mr. Nikhil G. Tanwani resigned as MD and Director; Mrs. Malavika A. Acharya, Mr. Hemraj Chheda and Mr. Shekhar Mennon resigned as Directors; Mr. Ajay D. Acharya resigned as CFO • Secretarial Auditor Dholakia & Associates LLP and Internal Auditor SCA & Associates replaced by G. R. Gupta & Associates and Jitendra Chandulal Mehta & Co. respectively Impact: Neutral (Complete change in control and board reconstitution with no financial terms or deal value disclosed in the filing)

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