Jupiter Infomedia withdraws preferential issue of warrants

Jupiter Infomedia Ltd announced that its Board of Directors has resolved to withdraw the preferential issue of 81,95,000 convertible warrants. The decision was made due to unfavourable market conditions and other economic considerations. The company had initially sought approval for this issue on June 02, 2026. The board meeting where this resolution was passed took place on August 27, 2026. Notably, the company's name is changing to Arix Energix Limited, effective July 17, 2026, with the name change application pending with BSE Limited.