Net Pix Shorts Digital Media Open Offer and Corporate Announcements Update

3 min read     Updated on 11 Feb 2026, 02:13 PM
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Overview

Net Pix Shorts Digital Media Limited announced an open offer for 8,32,016 equity shares at ₹32 per share, representing 26.00% of equity capital, with IDC recommendations published on February 11, 2026. OIL India Limited set February 18, 2026 as record date for second interim dividend for FY 2025-26, while Nirlon Limited declared ₹15 interim dividend per share with February 20, 2026 record date. Aurobindo Pharma reported strong Q3 FY26 results with total income of ₹96,459.0 millions and profit after tax of ₹9,098.0 millions, while Bambino Agro Industries posted total income of ₹9,357.87 lakhs for the quarter.

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Net Pix Shorts Digital Media Limited has announced a significant open offer for equity shares, while multiple companies across various sectors have issued important corporate announcements and financial updates.

Open Offer by Net Pix Shorts Digital Media

Net Pix Shorts Digital Media Limited has announced an open offer for the acquisition of equity shares pursuant to SEBI regulations. The company published IDC recommendations on February 11, 2026, across multiple newspapers including Business Standard (English and Hindi editions) and Pratahkal (Marathi Daily - Mumbai Edition).

Parameter: Details
Shares Offered: 8,32,016 equity shares
Face Value: ₹10 per share
Offer Price: ₹32 per share
Percentage of Capital: 26.00%
Scrip Code: 543247

The open offer is being conducted in compliance with Regulations 3(1) & 4 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Dividend Announcements

OIL India Limited

OIL India Limited has announced the record date for its second interim dividend for the Financial Year 2025-26. The record date has been set as Wednesday, February 18, 2026, for determining shareholder entitlement. The company has advised shareholders to refer to FAQs on TDS on dividend payments available on their website.

Nirlon Limited

Nirlon Limited's Board of Directors declared an interim dividend at their meeting held on February 10, 2026. The dividend payment details are as follows:

Parameter: Details
Dividend Amount: ₹15 per equity share
Dividend Rate: 150% on face value
Face Value: ₹10 per share
Record Date: February 20, 2026
Payment Date: On or after March 3, 2026

Corporate Regulatory Updates

Manakasia Limited

Manakasia Limited has opened a special window for transfer and dematerialization of physical securities. This facility is available for securities that were sold/purchased prior to April 1, 2019, but were rejected or not processed due to document deficiencies.

Key Details:

  • Window Period: February 5, 2026 to February 4, 2027
  • Lock-in Period: 1 year from transfer registration date
  • Securities will be credited in dematerialized form only

United Spirits Limited

United Spirits Limited has announced SEBI's special window for transfer and dematerialization of physical shares, remaining open until February 4, 2027. This facility is available for investors who purchased physical shares prior to April 1, 2019, and had not lodged shares for transfer or faced rejection due to documentation issues.

Financial Results Highlights

Aurobindo Pharma Limited

Aurobindo Pharma Limited released its unaudited consolidated financial results for the quarter ended December 31, 2025, showing strong performance:

Metric: Q3 FY26 (₹ millions) Q3 FY25 (₹ millions)
Total Income: 96,459.0 79,765.2
Profit After Tax: 9,098.0 8,455.7
Basic EPS: ₹15.67 ₹14.56

Bambino Agro Industries Limited

Bambino Agro Industries Limited reported its standalone unaudited financial results for the quarter ended December 31, 2025:

Metric: Q3 FY26 (₹ lakhs) Q3 FY25 (₹ lakhs)
Total Income: 9,357.87 8,578.90
Net Profit After Tax: 116.10 112.46
Basic EPS: ₹1.45 ₹1.40

Other Corporate Actions

Indian Metals & Ferro Alloys Limited has issued a postal ballot notice for seeking shareholder consent through e-voting only. The e-voting period is scheduled from February 11, 2026 at 9:00 AM to March 12, 2026 at 5:00 PM, with results to be declared by March 14, 2026.

Solar Energy Corporation of India Limited has invited bids for selection of RE Power Developers for supply of 1000 MW excess power from renewable energy projects on a medium-term basis under tariff-based competitive bidding.

Source:

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Net Pix Shorts Digital Media Limited Faces Open Offer for 26.00% Stake Acquisition

2 min read     Updated on 06 Feb 2026, 11:04 PM
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Reviewed by
Naman SScanX News Team
Overview

Mr. Ritesh Tiwari and Mrs. Alka Tiwari have announced an open offer to acquire 8,32,016 equity shares (26.00% stake) of Net Pix Shorts Digital Media Limited at ₹32.00 per share, following their acquisition of 71.87% stake from the promoter. The offer, running from February 13-27, 2026, involves total consideration of ₹2,66,24,512 and will result in 97.87% ownership post-completion. The acquirers, with combined net worth exceeding ₹20 crores, have established firm financial arrangements for the transaction managed by Aryaman Financial Services Limited.

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*this image is generated using AI for illustrative purposes only.

Acquirers Mr. Ritesh Tiwari and Mrs. Alka Tiwari have announced a mandatory open offer to acquire up to 8,32,016 equity shares of Net Pix Shorts Digital Media Limited , representing 26.00% of the company's equity share capital. The offer price is set at ₹32.00 per fully paid-up equity share, payable in cash.

Open Offer Details

The open offer is being conducted pursuant to SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the acquirers' Share Purchase Agreement with promoter Danish Zakaria Aghadi.

Parameter: Details
Offer Size: 8,32,016 equity shares (26.00%)
Offer Price: ₹32.00 per share
Total Consideration: ₹2,66,24,512
Tendering Period: February 13, 2026 to February 27, 2026
Face Value: ₹10.00 per share

Share Purchase Agreement

The acquirers have entered into a Share Purchase Agreement dated December 15, 2025, to acquire 23,00,000 equity shares constituting 71.87% of the target company's equity capital from seller Danish Zakaria Aghadi.

Transaction Details: Amount
Purchase Price per Share: ₹30.00
Total Sale Shares: 23,00,000
Total Consideration: ₹6,90,00,000
Advance Payment: ₹1,00,00,000

Acquirer Background

Mr. Ritesh Tiwari, aged 40 years, is a commerce graduate with over 15 years of experience in D2C brands creation and fashion industry. His net worth as of December 15, 2025, is ₹1,098.70 lakhs. Mrs. Alka Tiwari, aged 32 years, is an Arts graduate with over 5 years of experience in craft-based apparel and online retail operations. Her net worth stands at ₹991.70 lakhs as of December 15, 2025.

Target Company Profile

Net Pix Shorts Digital Media Limited, incorporated on June 20, 2019, operates as a technology-based entertainment company in the online short film content segment. The company publishes content on various digital online portals and OTT platforms.

Financial Performance

Financial Year: FY23 FY24 FY25 H1 FY26
Income from Operations (₹ lakhs): 57.59 52.00 47.15 21.16
Total Income (₹ lakhs): 57.97 52.49 47.31 21.24
Profit/(Loss) After Tax (₹ lakhs): (3.53) 3.91 (3.77) (7.06)
Net Worth (₹ lakhs): 586.12 590.03 586.26 579.20

Post-Acquisition Shareholding

Assuming full acceptance of the open offer, the acquirers will hold 31,32,016 equity shares, representing 97.87% of the company's equity capital. The public shareholding will reduce to 2.13%, falling below the minimum 25% requirement for listed companies.

Offer Management

Aryaman Financial Services Limited serves as the Manager to the Offer, while Cameo Corporate Services Limited acts as the Registrar. The offer will be implemented through BSE's stock exchange mechanism with a separate acquisition window. BCB Brokerage Private Limited has been appointed as the buying broker.

Financial Arrangements

The acquirers have established firm financial arrangements through internal resources, with no borrowings from banks or financial institutions. An escrow account has been created with ICICI Bank Limited containing ₹68,00,000, exceeding the required 25% of the offer consideration.

The offer represents a strategic acquisition aimed at gaining substantial control of the digital media company, with the acquirers planning to support the existing business operations while exploring synergy opportunities in the entertainment and digital content space.

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