The board approved the financial results for the quarter.

It also cleared a scheme to distribute equity shares of its wholly-owned subsidiary, Jineshvar Securities Private Limited, directly to Jupiter Infomedia shareholders.

This restructuring aims to reduce Jupiter Infomedia's stake, fostering independent growth and operational focus for both entities.

Additionally, the board approved incorporating a new wholly-owned subsidiary in the UAE, Arix Metals Trading FZCO, with a paid-up capital of AED 100,000, to expand into the metal scrap trading business.