As per attached annexure.
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Netlink Solutions India Ltd's board has appointed two new directors — Mr. Viren Bakraniya (Non-Executive Non-Independent) and Mrs. Kajal Baldha (Executive/Whole-Time Director) — effective March 10, 2026, for terms of up to five years, subject to shareholder approval. These appointments follow an open offer made by Arix Capital Limited, Mrs. Kajal Baldha, and Mr. Punitbhai Lakkad (the Acquirers) to acquire 26% of the voting share capital of the company, triggered by their purchase of 51% of the paid-up equity capital of its holding company, Jupiter Infomedia Limited, under a share purchase agreement. The new directors are representatives of the Acquirers, marking a change in control and management of the company. Separately, the board approved granting of inter-corporate loans up to Rs. 30 crore to entities as may be decided from time to time.
Shareholders should note a change of control is underway via the holding company route, with the new management installing its representatives on the board. The open offer for 26% gives public shareholders an exit opportunity, while the Rs. 30 crore inter-corporate loan authorisation could affect the company's cash position depending on deployment.