As per attached annexure.
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Awaiting price reaction for this filing.
Netlink Solutions India has filed the notice for its 40th AGM, scheduled for Monday, September 29, 2025, at 11:00 AM via video conferencing. The agenda covers adoption of FY25 audited financial statements, re-appointment of Whole Time Director Minesh Modi (DIN: 00378378), and appointment of M/s Malay Desai & Associates as the new Secretarial Auditor for a five-year term (FY26–FY30) at Rs. 1 lakh per year. The Annual Report shows total income declining to Rs. 935.94 lakhs (from Rs. 1251.51 lakhs in FY24) and net profit dropping to Rs. 535.32 lakhs (from Rs. 919.90 lakhs); no dividend has been recommended. The Directors' Report also notes an Open Offer announced on May 6, 2025, by Arix Capital Limited and two other acquirers for 6,57,599 shares (26% of voting capital) under SEBI Takeover Regulations. E-voting is through NSDL with a cut-off date of September 22, 2025.
For shareholders, the sharp drop in revenue (~25%) and profit (~42%) year-on-year is a red flag, though the company is skipping dividend to preserve cash. The re-appointment of the promoter-director and the 26% open offer signal a potential change in ownership, which could affect shareholding structure and minority shareholder interests going forward.