StockWatch
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Internet & Catalogue Retail
Management Change10 Oct 2026, 06:20 pm

Jupiter Infomedia Subsidiary Gets RBI Approval for Director Changes

AI Summary

Jupiter Infomedia Ltd announced that its material unlisted subsidiary, Jineshvar Securities Private Limited, has received approval from the Reserve Bank of India (RBI) for changes in its board of directors. The RBI has granted permission for Mr. Anshul Laxkar's designation change from Independent Director to Executive Director. Additionally, the RBI has acknowledged the appointment of Mr. Awadhesh Kumar Gupta and Ms. Dipika Pradeep Soni as Independent Directors on the board of Jineshvar Securities Private Limited. This update is in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Highlights

  • RBI approval received for board changes at Jupiter Infomedia's subsidiary.
  • Director designation change approved for Anshul Laxkar.
  • New Independent Directors appointed to subsidiary board.
  • Regulatory compliance with SEBI Listing Regulations maintained.