Markets

Market

News Details

(15/01/2026 17:04)

Baba Arts - Board Meeting Outcome for Outcome Of Board Meeting-Resignation Of Independent Director & Reconstitution Of Commit

\r\nPursuant 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:\r\n\r\n1. 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.\r\n\r\nMr. Hasmukh Shah has confirmed that there is no other material reason for his resignation other than as mentioned in the Resignation Letter.\r\n\r\n2. The Board has reconstituted the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee of the Company.\r\n\r\n

Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.