As per annexure attached
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jupiter Infomedia informed the stock exchange that an open offer for 26% of the voting share capital of its material listed subsidiary, Netlink Solutions (India) Limited, has been completed under SEBI Takeover Regulations. The open offer was triggered by three acquirers — Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad — who acquired 51% of Jupiter Infomedia's paid-up equity share capital under a share purchase agreement, thereby gaining indirect control over Netlink. Following the change in management and control, two Whole-Time Directors of Netlink — Mr. Minesh Vasantlal Modi and Mrs. Rupa Minesh Modi — resigned from the board with effect from March 26, 2026, and ceased all direct/indirect control over the subsidiary.
This marks a complete change of control at both Jupiter Infomedia and its key subsidiary Netlink Solutions, with new acquirers now driving strategy. Existing shareholders have already had an exit opportunity via the completed open offer; going forward, stock prices of both companies may see volatility as the new management's plans for the subsidiaries unfold.