NetPix Shorts Digital Media Open Offer: Acquirers Target 26% Stake at ₹32 Per Share

Net Pix Shorts Digital Media is subject to an open offer announced by Mr. Ritesh Tiwari and Mrs. Alka Tiwari under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. The joint acquirers have initiated this mandatory open offer following their proposed acquisition of majority control in the digital media company. The detailed public statement for the open offer was published on December 22, 2025, in multiple newspapers including Business Standard (English and Hindi editions) and ePratahkal (Marathi edition).

Open Offer Structure and Terms

The open offer targets the acquisition of 8,32,016 fully paid-up equity shares of face value ₹10.00 each, constituting 26.00% of the company's fully diluted equity share capital. The offer price has been set at ₹32.00 per share, with the total offer consideration amounting to ₹266.25 lakhs.

Parameter:	Details
Offer Size:	8,32,016 equity shares
Percentage of Capital:	26.00%
Offer Price:	₹32.00 per share
Total Consideration:	₹266.25 lakhs
Payment Mode:	Cash
Offer Type:	Triggered Offer

Underlying Transaction Details

The open offer obligation was triggered by a Share Purchase Agreement executed between the acquirers and Danish Zakaria Aghadi. Under this agreement, the acquirers propose to acquire Danish Zakaria Aghadi's substantial shareholding in the target company.

Transaction Details:	Specifications
Seller:	Danish Zakaria Aghadi
Shares Being Acquired:	23,00,000 equity shares
Current Shareholding:	71.87%
Purchase Consideration:	₹690.00 lakhs

This transaction will result in the direct acquisition of majority voting rights and control over Net Pix Shorts Digital Media Limited by the acquirers.

Acquirer Information

Both acquirers are individuals residing at the same address in Jaipur, Rajasthan. Currently, neither Mr. Ritesh Tiwari nor Mrs. Alka Tiwari holds any shares in the target company. Post the underlying transaction, their combined shareholding will reach 71.87% of the total equity share capital.

Acquirer Details:	Mr. Ritesh Tiwari	Mrs. Alka Tiwari
Current Shareholding:	0%	0%
Post-Transaction Shareholding:	71.87% (combined)	71.87% (combined)
Address:	Coral 10, Flat No 1204, Manglam Ananda, Sanganer, Mansorovar, Jaipur, Rajasthan-302020	Same as Acquirer 1

Regulatory Compliance and Timeline

The open offer is being managed by Aryaman Financial Services Limited, which serves as the Manager to the Offer. The acquirers have confirmed adequate financial resources and firm financial arrangements for financing the acquisition. The offer is not conditional upon any minimum level of acceptance and is not being issued pursuant to a competing offer under SEBI regulations. The detailed public statement was formally communicated to BSE Limited on December 22, 2025, marking the official commencement of the regulatory disclosure process.

Company Profile

Net Pix Shorts Digital Media Limited (CIN: L22300MH2019PLC327005) is registered in Mumbai with its office located at 1402, Z.A Towers, Zohra Aghadi Yari Road, Versova, Andheri West. The company's equity shares are listed on BSE Limited under scrip code 543247 with ISIN number INE0D5F01013.

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Net Pix Shorts Digital Media Limited has announced a significant addition to its corporate leadership team. The company has appointed Neelam Navinchandra Patel as its new Company Secretary and Compliance Officer, effective August 06, 2025.

Key Appointment Details

The appointment of Neelam Navinchandra Patel was approved by the company's Board of Directors during a meeting held on August 06, 2025. The board meeting, which commenced at 4:30 PM and concluded at 5:00 PM, made this decision as part of its agenda.

About Neelam Navinchandra Patel

Neelam Navinchandra Patel brings a wealth of experience and qualifications to her new role:

Professional Qualifications: Patel is a qualified Company Secretary from the Institute of Company Secretaries of India and holds an LL.B degree from the University of Mumbai.
Membership: She holds the membership number A51179 with the Institute of Company Secretaries of India.
Experience: Patel has over 7 years of experience in the fields of legal and statutory compliances.

Compliance with Regulatory Requirements

The appointment has been made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Net Pix Shorts Digital Media Limited has duly informed the BSE SME Platform about this appointment, adhering to the necessary disclosure requirements.

Management Statement

Danish Zakaria Aghadi, the Managing Director of Net Pix Shorts Digital Media Limited, announced the appointment. The company expressed confidence that Patel's extensive experience in legal and statutory compliances would be a valuable asset to the organization.

About Net Pix Shorts Digital Media Limited

Net Pix Shorts Digital Media Limited is a company listed on the BSE SME Platform. The company, with its CIN L22300MH2019PLC327005, is headquartered at 1402, Z A Towers, Zohra Aghadi Yari Road, Versova, Andheri West, Mumbai – 400061.

This strategic appointment underscores Net Pix Shorts Digital Media's commitment to strengthening its corporate governance and compliance framework, potentially positioning the company for future growth and regulatory adherence in the dynamic digital media landscape.