The Board considered and approved the withdrawal of the company's application for a preferential issue of convertible warrants. The company had previously submitted an application to the stock exchange on June 02, 2026 (case number 269823) seeking approval for the proposed issue of 81,95,000 convertible warrants of ₹10 each at an issue price of ₹61 per warrant.
Due to unfavorable market conditions and other economic considerations, the company has decided not to proceed with the issue at this stage and has withdrawn the application submitted on June 02, 2026.
Additional Corporate Information
The disclosure includes a note that pursuant to a special resolution passed by members in the General Meeting held on June 24, 2026, the company name has been changed from Jupiter Infomedia Limited to Arix Energix Limited effective July 17, 2026. The name change application is currently under process with BSE Limited.
The document is signed by Viren Bakraniya, Managing Director (DIN: 10931691).