BSECompany Update27 Aug 2026 · 27 Aug 2026, 06:37 pm
The Board has resolved to withdraw the preferential issue of warrants
Jupiter Infomedia Ltd · 534623
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Jupiter Infomedia Ltd has withdrawn its preferential issue of warrants due to unfavourable market conditions and economic considerations.
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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Jupiter Infomedia Ltd - 534623 - Update On Preferential Issue
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To, Date: August 27, 2026
The Listing Department,
BSE Limited
P.J. Towers, Dalal Street,
Mumbai - 400 001
BSE Scrip: 534623
Sub: Outcome of Board Meeting – ‘Jupiter Infomedia Limited’
Ref: Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").
Dear Sir/Madam,
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015 read with all statutory modi(cid:976)ications and re-enactments thereof, we would like to inform
you that the Board of Directors of the Company at its meeting held today i.e. August 27, 2026
(commenced at 04:15 P.M. (1ST) and concluded at 05:30 P.M. (IST) has inter-alia considered and
approved that:
1. The Company had submitted an application to the Stock Exchange on June 02, 2026
having case number 269823 seeking approval for the proposed issue of 81,95,000
Convertible Warrants of Rs. 10/- each at issue price of Rs. 61/- per warrant. on a
preferential basis (“Preferential Issue”).
Further, due to unfavourable market conditions and other economic considerations, the
Company has decided not to proceed with the issue at this stage and have decided to
withdraw the aforesaid application for the Preferential Issue submitted on June 02,
2026.
You are requested to kindly take the same on records.
With regards
For, Jupiter Infomedia Limited
Viren Bakraniya
Managing Director
DIN: 10931691
Note: Please note that pursuant to the special resolution passed by the members of the Company
in their General Meeting held on 24th June 2026, the name of the Company is changed from Jupiter
Infomedia Limited to Arix Energix Limited w. e. f. 17th July 2026. The Name Change application is
under process with BSE Limited.