As per attached annexure.
Price
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Jupiter Infomedia has completed a change in control after Arix Capital Limited and Mrs. Kajal Baldha acquired 51,10,000 equity shares (about 51% of voting capital) from the existing promoters via a share purchase agreement dated April 9, 2025 and a subsequent open offer. As the final step, Chairman and Managing Director Mr. Umesh Modi and Whole-Time Director and CFO Mrs. Manisha Modi resigned on March 26, 2026, ending the Modi family's control. The board appointed Mr. Viren Bakraniya, a Chartered Accountant currently Director at Arix Capital, as Additional Director, Managing Director and CFO for a 5-year term. Mrs. Kajal Baldha, Promoter of Arix Capital, was appointed as Additional Non-Executive Director. The board also approved reclassifying the outgoing Modi family from 'Promoter/Promoter Group' to 'Public' category, subject to stock exchange approval.
This is a complete management takeover by the new acquirers (Arix Capital group), which means the old promoter family has fully exited control and the board is now reconstituted with the new management's representatives. Shareholders should expect strategic direction and operations to shift under the new promoters, with the acquirers holding majority voting rights.