Arix Capital and Kajal Gopal Baldha Launch Open Offer for 26% Stake in Jupiter Infomedia at Rs. 52 Per Share
Arix Capital Limited and Kajal Gopal Baldha have announced an open offer to acquire 26% of Jupiter Infomedia's voting share capital at Rs. 52 per share. This follows an agreement to purchase 51% stake from existing promoters at Rs. 50 per share. The total acquisition could reach 77% of the company's voting share capital. The open offer, managed by Swaraj Shares and Securities, complies with SEBI regulations and was publicly announced on August 18, 2025.