Announced Mon, 18 May · 11:01 IST

The Board of Directors considered and approved (i) Reclassification request received from the Promoter of the Company Mr. Minesh Modi. (ii) Draft notice of Extra ordinary general meeting ....

Ownership Changes View source PDF

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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
-2.1%1-day move
₹202.00
prior close
₹199.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-2.1-1.7-1.7-5.9-1.2+0.5+0.0-5.3-10.9
Up moveDown movePending
AI summary

Netlink Solutions India Ltd's Board approved a reclassification request from promoter Mr. Minesh Modi under SEBI LODR Regulation 31A. The Board also approved convening an EGM on 9th June 2026 to confirm the appointments of four directors: Ms. Kajal Gopal Baldha (Whole Time Director, Promoter Category, from Arix Capital Limited), Mr. Viren Sudhirbhai Bakraniya (Director, Professional Category, also from Arix Capital), Ms. Aanal Satyawadi (Independent Director), and Ms. Yesha Shah (Independent Director). The appointments of Kajal Baldha and Viren Bakraniya are consequent to an open offer by Arix Capital Limited, which has taken control of the company. Kajal Baldha is also the Whole Time Director & CFO.

Likely market impact

Arix Capital Limited has gained board control following its open offer. Shareholders should note the change in promoter dynamics and the upcoming EGM to formalise these appointments on 9th June 2026.