Netlink solutions is subject to an open offer by Arix Capital Limited and its associates for acquisition of 26% voting share capital, with the company's independent directors recommending the offer as fair and reasonable to shareholders.

Open Offer Details

Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhav Bavanjibhai Lakkad have collectively announced an open offer for acquisition of up to 6,57,599 offer shares representing 26.00% of the voting share capital of Netlink Solutions (India) Limited. The offer has been made in compliance with SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011.

Underlying Transaction Structure

The open offer was triggered through an indirect acquisition mechanism. Arix Capital Limited entered into a Share Purchase Agreement with existing promoters of Jupiter Infomedia Limited, the holding company of Netlink Solutions. The transaction involves acquisition of 51,10,000 fully paid-up equity shares of Jupiter Infomedia Limited, constituting 51% of its voting share capital, at ₹50.00 per share for an aggregate consideration of ₹25,55,00,000.

Following this acquisition, Jupiter Infomedia Limited will be directly owned by the acquirers, resulting in indirect acquisition of voting rights and control over Netlink Solutions (India) Limited as its subsidiary company.

Independent Directors' Recommendation

The Committee of Independent Directors, comprising Mr. Pankaj Vrajil Sodha as Chairman, Mr. Manoj Ashok Pardhee, and Mr. Kaushal Shambhu Ameta as members, has unanimously approved and recommended the open offer. The committee reviewed multiple offer documents including the Public Announcement dated May 06, 2025, Detailed Public Statement dated May 12, 2025, Draft Letter of Offer dated September 22, 2025, and the Letter of Offer dated January 16, 2026.

Regulatory Compliance and Timeline

The offer price of ₹201.00 per share has been determined in accordance with Regulations 8(1) and 8(2) of the SEBI (SAST) Regulations. The Committee of Independent Directors confirmed that none of the members have any relationship with the acquirers or have traded in the company's equity shares from the date of public announcement until the recommendation date.

The recommendations were published on January 23, 2026, in Financial Express (English daily), Jansatta (Hindi daily), and Mumbai Lakshdeep (Marathi Daily) as required under Regulation 26(7) of the SEBI (SAST) Regulations. The independent directors advised public shareholders to independently evaluate the offer and review the Letter of Offer dated January 16, 2026, including associated risk factors, before making investment decisions.

Netlink Solutions India Ltd shares surged 13% in today's trading session following the company's impressive Q3FY26 financial results that marked a complete turnaround from losses to profitability. The microcap company, which specializes in website design, SEO, server space, domain booking and renewal, exhibitions, and exhibition management services, demonstrated strong operational improvements across key financial metrics.

Financial Performance Highlights

The company's Q3FY26 results showcased a remarkable transformation in its financial position. Key performance indicators reflected significant improvements both on a year-over-year and quarter-over-quarter basis.

The quarter-over-quarter comparison also revealed positive momentum, with total income increasing from ₹0.32 crores in Q2FY26 to ₹0.38 crores in Q3FY26, while expenses decreased from ₹0.42 crores to ₹0.32 crores.

Revenue Composition and Segment Performance

The company's quarterly revenue was primarily driven by its Treasury segment, which contributed approximately ₹0.37 crores to the total income. The Software Development segment added a smaller contribution of about ₹0.01 crores. This segment-wise performance resulted in total segment revenue of approximately ₹0.38 crores, reflecting the strong quarterly turnaround.

Stock Market Performance

With a market capitalization of ₹46 crores, Netlink Solutions shares are currently trading at ₹182 per share, reaching a high of ₹200.10 during the session from the previous close of ₹177.35 per share. The stock's performance trajectory shows:

• 24% gain in the past month
• 5% increase over the last six months
• 7% growth over the past year

Company Profile and Financial Strength

Netlink Solutions India Ltd operates as a comprehensive business solutions provider with a strong presence in B2B marketplaces, events, and web-based solutions. The company manages key divisions including Gifts & Accessories e-magazine and the Corporate Gift Show in association with global trade fair organizer Messe Frankfurt.

With over a decade of experience in B2B events and e-commerce, the company is part of a larger business conglomerate alongside Jupiter Infomedia Ltd. This partnership enables management of diverse ventures spanning B2B events, digital and print publications, e-commerce, digital solutions, and investment activities.

Financial Ratios and Performance Metrics

The company demonstrates robust financial health with strong profitability ratios:

These metrics highlight efficient capital utilization and consistent shareholder returns, positioning the company favorably for sustained growth in its operational segments.