Baba Arts Ltd
Board Meeting Outcome for Outcome Of Board Meeting-Resignation Of Independent Director & Reconstitution Of Committees
05:03 PM, 15th Jan 2026
Pursuant to the requirements of Regulation 30 of the Listing Regulations we have to inform you that the Board of Directors of our Company in its meeting held on Thursday the 15/01/2026 which commenced at 4.00 p.m. (IST) and concluded at 4.30 p.m. (IST) interalia have approved the following:1. Accepted Resignation of Mr. Hasmukh Shah as Independent Director of the Company with effect from 15/01/2026 due to his inability to clear the mandatory Online Proficiency Self-Assessment Test for Independent Directors as prescribed under Rule 6 of the Companies (Appointment and Qualification of Directors) Rules 2014.Mr. Hasmukh Shah has confirmed that there is no other material reason for his resignation other than as mentioned in the Resignation Letter.2. The Board has reconstituted the Audit Committee Nomination and Remuneration Committee and Stakeholders Relationship Committee of the Company.