Arix Energix Limited has scheduled its 21st Annual General Meeting for Tuesday, September 29, 2026. The meeting will be held via video conferencing to discuss financial results and corporate governance matters.

The company, formerly known as Jupiter Infomedia Limited, officially changed its name effective July 17, 2026. Shareholders on record as of the cut-off date, Wednesday, September 23, 2026, will be eligible to vote.

Financial Performance

The Board of Directors will seek approval for the audited standalone and consolidated financial statements for FY26. Consolidated revenue from operations rose to ₹237.96 lakh from ₹188.97 lakh in the previous year. However, consolidated profit after tax fell sharply to ₹96.79 lakh from ₹561.38 lakh.

Standalone operations reported a net loss of ₹28.17 lakh, a reversal from a profit of ₹52.99 lakh recorded in FY25. Total standalone expenditure remained relatively stable at ₹51.72 lakh compared to ₹51.55 lakh previously.

What the Numbers Show

The divergence between consolidated and standalone results highlights the group's reliance on investment income. While the parent company posted a standalone loss, the consolidated entity remained profitable due to contributions from subsidiaries. Other income at the consolidated level stood at ₹362.19 lakh, significantly outweighing operational revenues and driving the bottom line despite higher total expenses of ₹540.80 lakh.

Corporate Actions

The agenda includes the reappointment of Mrs. Kajal Gopal Baldha as a Non-Executive Director. She retires by rotation but is eligible and offering herself for re-election. Additionally, shareholders will vote on authorizing related-party transactions for FY27, with estimated values capped at ₹10 crore per annum for specific promoter-linked entities.

The company has also amended its main objects to include comprehensive IT solutions, artificial intelligence, and renewable energy initiatives. A proposed preferential issue of warrants worth up to ₹49.98 crore was withdrawn due to unfavorable market conditions.

Jupiter Infomedia withdrew its application for a preferential issue of convertible warrants on August 27, 2026. The company cited unfavourable market conditions as the primary reason for halting the capital raise.

The Board of Directors approved the withdrawal during a meeting held on August 27, 2026, which commenced at 4:15 pm and concluded at 5:30 pm. This decision reverses the earlier plan to raise funds through the issuance of equity-linked instruments.

Withdrawal Details

The company had originally submitted an application to the stock exchange on June 2, 2026, under case number 269823. The proposal sought approval for the issue of 81,95,000 Convertible Warrants. Each warrant had a face value of ₹10 and was proposed at an issue price of ₹61 per warrant on a preferential basis.

The management decided not to proceed with the issue at this stage due to prevailing economic considerations. Consequently, the application submitted in June has been formally withdrawn.

Corporate Name Change

The disclosure noted that the company changed its name from Jupiter Infomedia Limited to Arix Energix Limited, effective July 17, 2026. This change was approved via a special resolution passed by members at the General Meeting held on June 24, 2026. The name change application is currently under process with BSE Limited.

Viren Bakraniya, Managing Director of the company, signed the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.