Jupiter Infomedia Approves Scheme of Arrangement & New Subsidiary

Jupiter Infomedia Ltd announced board approval for a Scheme of Arrangement involving proportionate distribution of subsidiary shares to shareholders. The company also approved the incorporation of a wholly-owned subsidiary in the UAE, Arix Metals Trading FZCO. Additionally, the board reviewed and approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company also noted its name change to Arix Energix Limited, effective July 17, 2026.