Jupiter Infomedia Ltd Announces Open Offer by Arix Capital Limited and Others for Acquisition of Netlink Solutions (India) Limited

Jupiter Infomedia Ltd has informed about an open offer made by M/s Arix Capital Limited, Mrs. Kajal Gopal Baldha and Mr. Punitbhai Bavanjibhai Lakkad under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 for the acquisition of 26.00% of the voting share capital of Netlink Solutions (India) Limited. This offer is a result of the indirect acquisition of voting rights and control over Netlink pursuant to the acquisition of 51.00% of the paid-up equity share capital of its holding company, Jupiter Infomedia Limited, by the acquirers under a share purchase agreement. The Board of Directors of Netlink Solutions (India) Limited has approved the appointment of Mr. Viren Bakraniya as an Additional Director (Non-Executive Non-Independent) and Mrs. Kajal Baldha as an Additional Director (Executive) and Whole-time Director on the Board of Netlink with effect from March 10, 2026.