Announced Fri, 20 Mar · 19:50 IST

As per attached annexure.

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-1.6%1-day move
₹169.70
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.6-5.1-0.4+4.6+9.8+17.9+12.6+26.1+17.6+12.3
Up moveDown movePending
AI summary

Netlink Solutions India Ltd's board on March 20, 2026, approved key management changes following a change in control of the company. The change stems from an open offer made by Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad for 26% of Netlink's voting share capital, triggered by their acquisition of 51% of the paid-up equity share capital of Netlink's holding company, Jupiter Infomedia Limited, under a share purchase agreement. The existing CFO, Mrs. Rupa Minesh Modi, resigned effective the close of business hours on March 20, 2026, citing the change in management and control. Mr. Punitbhai Bavanjibhai Lakkad, one of the three acquirers with over 12 years of experience in the service industry, was appointed as the new CFO and Key Managerial Personnel effective March 21, 2026.

Likely market impact

For shareholders, this filing confirms that the takeover of Netlink Solutions via its holding company Jupiter Infomedia is now complete, with a new management team aligned with the acquirers taking charge. The stock may see short-term volatility as the market digests the leadership change and any future strategic direction set by the new controlling group.