Baba Arts has informed that the Board of Directors have approved the following in its Board Meeting held on 22nd October, 2024: Change in designation of Nikhil G. Tanwani from Whole Time Director to Managing Director to Chairman & Managing Director with effect from 1/11/2024 for remaining period of his tenure of his directorship i.e. up to 31st May, 2027, subject to approval of members through Postal Ballot; Resignation of Gordhan P Tanwani as Chairman & Managing Director of the Company with effect from closure of business hours on 31st October, 2024 due to Age and Health Issues.
The above information is a part of company’s filings submitted to BSE.
