Meeting Details

The Extraordinary General Meeting of Jupiter Infomedia India Limited was held on Wednesday, 24th June 2026, from 11:05 A.M. to 11:20 A.M. through a two-way Video Conferencing (VC)/Other Audio-Visual Means (OAVM) platform provided by NSDL.

Attendees and Officials

  • Mr. Malay Desai, Practicing Company Secretary, served as the meeting facilitator and Scrutinizer
  • Mr. Viren Bakraniya (Managing Director, DIN: 10931691) was appointed as Chairman of the Meeting
  • Ms. Kajal Baldha (Non-executive Promoter Director) was present as a panel member

Voting and Quorum

  • The company provided e-voting facilities (Remote e-voting and EGM e-voting) pursuant to Section 108 & 109 of the Companies Act, 2013 and Regulation 44 of SEBI (LODR) Regulations
  • Mr. Malay Desai was appointed as Scrutinizer to scrutinize the voting process
  • Sufficient quorum was present at the EGM
  • The e-voting window was kept open until 11:35 A.M. on 24th June 2026

Resolutions Approved

The following 10 resolutions were put to shareholders and approved with requisite majority:

Director Appointments (Ordinary Resolutions - Special Business):

1. Confirmation of appointment of Ms. Kajal Gopal Baldha (DIN: 07406583) as Whole Time Director under Promoter Category

2. Confirmation of appointment of Mr. Viren Sudhirbhai Bakraniya (DIN: 10931691) as Director under Professional Category

3. Confirmation of appointment of Mr. Ankit Dave (DIN: 02774431) as Director under Professional Category

4. Confirmation of appointment of Ms. Payal Dhamecha (DIN: 10217549) as Independent Director

Corporate Changes (Special Resolutions - Special Business):

5. Alteration of the object and change of Memorandum of Association by addition of new object clause

6. Alteration of Name Clause

7. Alteration of Registered office clause to shift from Maharashtra to Gujarat

Capital and Fundraising:

8. Alteration of Capital Clause to increase Authorized Share Capital (Ordinary Resolution - Special Business)

9. Raising funds through preferential issue of 81,95,000 Convertible Warrants of ₹10 each at issue price of ₹61 per warrant (Special Resolution - Special Business)

10. Approval of reclassification request received from Promoters of the Company (Special Resolution - Special Business)

Financial Details of Fundraising

  • Issue size: 81,95,000 Convertible Warrants
  • Face value: ₹10 per warrant
  • Issue price: ₹61 per warrant
  • Total funds to be raised: ₹49,99,95,000 (approximately ₹50 crore)

Shareholder Participation

  • Company received requests from 4 shareholders to speak at the EGM
  • None of the requested speakers attended the meeting
  • No questions were raised by shareholders during the question-answer round

Resolution Effectiveness

All resolutions were deemed passed with requisite majority on the date of the EGM (24th June 2026). The Scrutinizer was required to submit the voting report within 48 hours from the conclusion of the meeting.