Baba Arts informs about revised outcome of board meeting

03 Jun 2016

With reference to the earlier letter dated June 02, 2016 regarding Outcome of Board Meeting, Baba Arts has now informed that in the said letter the proposed no. of shares to be bought back was inadvertently mentioned as 2,580,000 instead of 25,800,000. The Board of Directors of the Company in its meeting held on June 02, 2016 has fixed the Final Price for Buyback of up to 25,800,000 Equity Shares at Rs 3 per share for a total consideration of Rs 77,400,000.

The above information is a part of company’s filings submitted to BSE.

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