Netlink Solutions India Ltd — Updates, 01-01-1970: Company Update

M/s Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punitbhai Bavanjibhai Lakkad have announced a board meeting regarding a mandatory open offer to acquire up to 6,57,599 shares, representing 26% of Netlink Solutions (India) Limited’s voting capital, at a price of ₹186 per share (including interest for delayed payment). This indirect acquisition follows Arix Capital’s purchase of 51% stake in Jupiter Infomedia Limited, Netlink’s holding company, resulting in control over Netlink. The offer price is the highest derived from multiple valuation benchmarks and will be paid in cash. Adequate funds have been arranged, and the offer is not conditional on minimum acceptance. The transaction will not lead to asset alienation or delisting of Netlink. Shareholders are advised on tendering shares via BSE’s designated acquisition window, with payment expected within 10 working days post offer closure.