
Acquisitions26 Mar 2026, 08:08 pm
Acquirers Acquire 51% Stake in Jupiter Infomedia Ltd, Resulting in Resignation of Two Directors from Netlink Solutions (India) Limited
AI Summary
M/s Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad have acquired 51.00% of the paid-up equity share capital of Jupiter Infomedia Limited, leading to an indirect acquisition of voting rights and control over its subsidiary, Netlink Solutions (India) Limited. Following the change in management and control, Mr. Minesh Vasantlal Modi and Mrs. Rupa Minesh Modi have tendered their resignations as Whole-Time Directors and Directors from Netlink Solutions (India) Limited, effective March 26, 2026. This move ensures that they no longer hold any direct or indirect control or management over the subsidiary.
Key Highlights
- M/s Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad acquire 51.00% of Jupiter Infomedia Limited
- Indirect acquisition of voting rights and control over Netlink Solutions (India) Limited
- Resignation of Mr. Minesh Vasantlal Modi and Mrs. Rupa Minesh Modi as Whole-Time Directors and Directors from Netlink Solutions (India) Limited
- Change in management and control at Netlink Solutions (India) Limited
- No further direct or indirect control or management by resigned directors over Netlink Solutions (India) Limited