Announced Thu, 26 Mar · 16:04 IST

As per attached annexure.

Listed Co AcquisitionOpen Offer TriggeredStrategic Transactions View source PDF

Price

Loading chart…

▲ 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
+10.2%1-day move
₹161.00
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+10.2+15.7+20.3+24.2+25.5+18.7+27.2+29.8+26.1+16.6
Up moveDown movePending
AI summary

Netlink Solutions India Ltd has completed the open offer process on March 26, 2026, following the acquisition of 51% stake in its holding company Jupiter Infomedia Limited by M/s Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad. The acquisition triggered a change in management and control at the holding company level, which in turn resulted in a change of control at Netlink Solutions. As a consequence, existing Whole-Time Directors Mr. Minesh Vasantlal Modi and Mrs. Rupa Minesh Modi resigned from the board with effect from March 26, 2026. The erstwhile promoters have applied for reclassification from the 'Promoter' category to the 'Public' category, subject to stock exchange approval. The acquirers are now expected to be classified as promoters of both the holding company and Netlink Solutions.

Likely market impact

This marks a complete change of control at Netlink Solutions, with new promoters (Arix Capital and associates) taking over management. Shareholders should expect new board composition and potential strategic shifts in the company's direction. The reclassification of old promoters to public category also means increased public float in the stock.