RBI approves Anshul Laxkar as Executive Director at Jineshvar Securities
- RBI approved Anshul Laxkar's change to Executive Director at Jineshvar Securities
- Two new Independent Directors appointed to the subsidiary board
- Company name changed from Jupiter Infomedia to Arix Energix effective July 17, 2026

*this image is generated using AI for illustrative purposes only.
Jupiter Infomedia Ltd disclosed that the Reserve Bank of India (RBI) granted permission for a change in designation of Mr. Anshul Laxkar to Executive Director at its material unlisted subsidiary, Jineshvar Securities Private Limited. This regulatory approval, received on October 9, 2026, aligns with RBI governance directions for Non-Banking Financial Companies.
The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company noted that the RBI permission was sought under para 10 of the Reserve Bank of India (Non-Banking Financial Companies – Governance) Directions 2025.
Board changes at subsidiary
In addition to Mr. Laxkar’s transition from Independent Director to Executive Director, the RBI took note of two new appointments to the board of Jineshvar Securities Private Limited:
- Mr. Awadhesh Kumar Gupta appointed as Independent Director
- Ms. Dipika Pradeep Soni appointed as Independent Director
Corporate name change
The filing was signed by Viren Sudhirbhai Bakraniya, Managing Director of Arix Energix Limited. The document clarified that the entity now known as Arix Energix Limited was formerly Jupiter Infomedia Limited. The name change was effected with effect from July 17, 2026, following a special resolution passed by members on June 24, 2026. The application for the name change is currently under process with BSE Limited.
Historical Stock Returns for Jupiter Infomedia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.58% | +11.84% | +10.14% | -32.47% | -15.04% | +97.09% |
How will the transition of Mr. Anshul Laxkar to Executive Director impact Jineshvar Securities' strategic direction and operational efficiency?
What are the expected timelines for BSE Limited to approve the name change from Jupiter Infomedia to Arix Energix, and how might this affect investor perception?
Will the new governance structure at Jineshvar Securities lead to changes in its lending portfolio or risk management practices under the RBI's 2025 directions?

































