Jupiter Infomedia to Raise ₹50 Cr via Warrants

Jupiter Infomedia Ltd's board approved raising funds through a preferential issue of warrants up to ₹50 crores. They also approved altering the Memorandum of Association's Main Object, Name, Capital, and Registered Office clauses, including shifting the registered office to Gujarat. Additionally, a branch office will open in Ahmedabad. Ms. Payal Dhamecha and Mr. Ankit Dave were appointed as Independent and Professional Executive Directors, respectively, subject to shareholder approval. The board also approved the reclassification request from promoters.