Announced Thu, 26 Mar · 16:01 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
+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 announced the completion of an open offer that changes control of the company. Acquirers Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad acquired 51% of Jupiter Infomedia Limited, the holding company of Netlink Solutions, which triggered a 26% open offer for Netlink Solutions under SEBI takeover rules. Following the completion of the open offer on March 26, 2026, there is a change in management and control. The existing Whole-Time Directors, Mr. Minesh Vasantlal Modi and Mrs. Rupa Minesh Modi, resigned from the board with immediate effect. The erstwhile promoters have also been reclassified from 'Promoter' to 'Public' category, subject to stock exchange approval.

Likely market impact

This marks a complete change of control at Netlink Solutions, with the acquirers now in charge of the company. Shareholders should expect new strategic direction and potential board restructuring as the new promoters take over. The reclassification of old promoters to public category also means reduced promoter holding going forward.