Jupiter Infomedia Subsidiary Netlink Solutions Faces Open Offer and Board Changes

1 min read     Updated on 10 Mar 2026, 08:35 PM
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Jupiter Infomedia Limited disclosed that Arix Capital Limited and associates have launched an open offer for 26.00% of subsidiary Netlink Solutions (India) Limited's voting share capital under SEBI takeover regulations. The offer follows the acquirers' purchase of 51.00% stake in Jupiter Infomedia. Netlink Solutions has appointed Mr. Viren Bakraniya as Additional Director (Non-Executive Non-Independent) and Mrs. Kajal Baldha as Additional Director (Executive) and Whole-time Director, both effective March 10, 2026.

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Jupiter Infomedia Limited has announced significant corporate developments at its subsidiary Netlink Solutions (India) Limited, involving an open offer and key board appointments under regulatory disclosure requirements.

Open Offer Details

An open offer has been launched for Netlink Solutions (India) Limited by a consortium of acquirers comprising Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punithbai Bavanjibhai Lakkad. The offer targets 26.00% of the voting share capital of Netlink Solutions under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Parameter: Details
Target Company: Netlink Solutions (India) Limited
Offer Size: 26.00% of voting share capital
Lead Acquirer: Arix Capital Limited
Associated Acquirers: Mrs. Kajal Gopal Baldha, Mr. Punithbai Bavanjibhai Lakkad
Regulatory Framework: SEBI SAST Regulations 2011

The open offer stems from the indirect acquisition of voting rights and control over Netlink Solutions following the acquirers' purchase of 51.00% of the paid-up equity share capital of Jupiter Infomedia Limited, the holding company of Netlink Solutions.

Board Appointments at Subsidiary

Following the corporate restructuring, Netlink Solutions (India) Limited has made strategic board appointments based on recommendations from its Nomination and Remuneration Committee. The board has approved two key appointments effective March 10, 2026.

Position: Appointee Details
Additional Director (Non-Executive Non-Independent): Mr. Viren Bakraniya (DIN: 10931691)
Additional Director (Executive) & Whole-time Director: Mrs. Kajal Baldha (DIN: 07406583)
Effective Date: March 10, 2026

Regulatory Compliance

The disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting Jupiter Infomedia's commitment to maintaining transparency with stakeholders regarding material developments at its subsidiary companies. The transaction structure involves compliance with multiple SEBI regulations including Regulations 3(1), 4 and 5(1) of the SAST Regulation.

The announcement was signed by Manisha Umesh Modi, Whole-time Director & CFO of Jupiter Infomedia Limited, ensuring proper corporate governance protocols were followed in the disclosure process.

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
+1.37%+2.00%+20.73%+0.32%+22.04%+68.43%

Jupiter Infomedia Appoints Ms. Kiran Ashok Nyayadhish as Internal Auditor for FY 2025-26

1 min read     Updated on 19 Jan 2026, 03:05 PM
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Jupiter Infomedia Limited's Board of Directors approved the appointment of Ms. Kiran Ashok Nyayadhish as Internal Auditor for FY 2025-26 during their January 19, 2026 meeting. Ms. Nyayadhish holds a Bachelor of Commerce degree from Mumbai University and brings experience in education and corporate operations. The appointment details have been submitted to BSE Limited in compliance with SEBI Listing Regulations.

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Jupiter Infomedia Limited has announced the appointment of Ms. Kiran Ashok Nyayadhish as Internal Auditor for the Financial Year 2025-26. The decision was approved by the company's Board of Directors during their meeting held on January 19, 2026.

Board Meeting Details

The Board of Directors meeting was conducted on Monday, January 19, 2026, commencing at 1:00 p.m. and concluding at 2:20 p.m. The primary agenda item was the appointment of an Internal Auditor for the upcoming financial year.

Appointment Information

The company has provided comprehensive details about the new appointment as required under Regulation 30 of the SEBI Listing Regulations:

Parameter: Details
Name: Ms. Kiran Ashok Nyayadhish
Designation: Internal Auditor
Appointment Date: January 19, 2026
Term: As per terms mentioned in the letter of appointment
Reason for Change: Appointment

Professional Background

Ms. Kiran Ashok Nyayadhish brings relevant qualifications and experience to her new role. She holds a Bachelor of Commerce degree from Mumbai University and possesses experience in both education and corporate operations, having worked across different fields.

Regulatory Compliance

The appointment information has been submitted to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The submission also adheres to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The announcement was signed by Umesh Vasantlal Modi, Chairman & Managing Director of Jupiter Infomedia Limited, and submitted to the stock exchange for record updates and portal maintenance.

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
+1.37%+2.00%+20.73%+0.32%+22.04%+68.43%

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1 Year Returns:+22.04%