As per attached annexure.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.2 pts more than Nifty Microcap 250 and 3.3 pts more than its Software Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Netlink Solutions India Ltd informed BSE about the outcome of its board meeting on March 20, 2026, confirming the completion of an open offer under SEBI's Takeover Regulations. The open offer was made by Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad for acquiring 26% of the voting share capital of the company, triggered by their purchase of 51% in the holding company, Jupiter Infomedia Limited. This has resulted in a change of management and control of the company. Following this change, the existing CFO, Mrs. Rupa Minesh Modi, resigned effective end of day March 20, 2026, and Mr. Punitbhai Bavanjibhai Lakkad (one of the acquirers) was appointed as the new CFO effective March 21, 2026.
This is a significant change-of-control event. Shareholders should note that new owners (the Arix Capital group) now control the company and have placed one of their own as CFO, signaling they intend to actively manage the business going forward. The stock may see continued volatility as the market digests the new ownership structure.