Net Pix Shorts board update 2026: office, name change

Key developments at Net Pix Shorts

Net Pix Shorts Digital Media Limited has reported a series of corporate actions spanning board decisions, a change in management, and steps toward a new identity. A board meeting held on July 22, 2026 at the company’s registered office considered and approved setting up a corporate office in Jaipur, Rajasthan. Separately, the company also disclosed that its board would meet on July 22, 2026 to approve a proposal to change the company’s name to Namastika Enterprises Limited. Alongside the name change, the board agenda included altering the object clause of the Memorandum of Association.

The July disclosures came shortly after a significant leadership reshuffle on July 14, 2026. The company said this change followed the transfer of 71.87% of its equity shares to Ritesh Tiwari and Alka Tiwari. The board approved new executive appointments and accepted the resignation of a key managerial person, linking the move to management changes and the change in control.

Board meeting of July 22, 2026: corporate office in Jaipur

In an outcome reported for the board meeting held on July 22, 2026, the board considered and approved setting up the company’s corporate office. The address disclosed for the corporate office is 6/56 Swati Mehrotra Road, SFS Mansarovar, Jaipur-302020, Rajasthan. The disclosure indicates this was taken up and approved as part of the board’s business conducted at the registered office.

The corporate office decision adds a second key location to the company’s disclosed contact footprint. The company’s legal address is listed as 1402, Z A Towers, Zohra Aghadi Yari Road, Versova, Andheri West, Mumbai, Maharashtra 400061. The company website is listed as http://www.netpixshorts.com. The disclosures do not specify whether the registered office will change, only that a corporate office is being set up at the Jaipur address.

Proposed name change to Namastika Enterprises Limited

Net Pix Shorts Digital Media Limited also stated that its board would meet on July 22, 2026 to approve changing the company’s name to Namastika Enterprises Limited. The same meeting was also set to consider altering the object clause of the Memorandum of Association. The disclosures provided do not include the revised object clause text or the rationale for the proposed change.

A name change and object clause alteration are typically governance actions that require formal processes and approvals. In this case, the company’s disclosure frames these items as agenda matters for board approval at the July 22 meeting. No effective date for the new name was stated in the provided information, and no exchange or regulatory approval status was mentioned in the text shared.

Change in control and leadership: July 14, 2026

On July 14, 2026, Net Pix Shorts Digital Media Ltd reported a significant change in control and leadership following a board meeting. The company said 71.87% of its equity shares were transferred to Ritesh Tiwari and Alka Tiwari. Following this transfer, the board approved the appointment of both individuals as Executive Directors (Additional) and assigned them leadership roles.

The board approved the appointment of Mr. Ritesh Tiwari (DIN: 08156364) as an Executive Director (Additional), designated as Chairman and Managing Director. It also approved the appointment of Ms. Alka Tiwari (DIN: 08173830) as an Executive Director (Additional), designated as Whole Time Director. The company stated both appointments are subject to shareholder approval in the ensuing General Meeting. The disclosures do not specify the tenure, remuneration, or the date of the general meeting.

Resignation of Nazish Furniturewala as Executive Director and CFO

As part of the same management change disclosures, the board accepted the resignation of Ms. Nazish Furniturewala (DIN: 08294240). The resignation covered her roles as Executive Director and Chief Financial Officer (CFO) and was accepted with immediate effect. The company cited management changes and the change in control of the company as the reason.

A separate line item in the provided text also references an entry dated 14/07 stating the resignation of Nazish Furniturewala as Executive Director, effective July 14, 2026. Taken together, the disclosures indicate her exit coincided with the leadership changes that followed the stake transfer. The text shared does not mention any interim CFO appointment or a successor.

Open offer outcome: low public participation

Net Pix Shorts Digital Media Limited also disclosed that its mandatory open offer concluded with minimal public participation. According to the provided information, only 60,000 shares were tendered against an offered 8,32,016 shares. The offer price mentioned is ₹32 per share.

The disclosure, as provided, highlights a large gap between shares offered and shares tendered. The text does not specify the open offer period dates, the acquirer name, or the final shareholding after completion. It also does not state whether any shares were accepted on a proportionate basis, only the tendered and offered quantities and the offer price.

Snapshot of figures and indicators mentioned

Some performance indicators and market-related figures are referenced in the provided text, though the dataset is incomplete. EPS (TTM) is stated as 0.01 in the text, and a table line shows EPS values across periods as: 0.01, -0.12, 0.12, -0.11, -0.75. A line also states “Net Pix Shorts Digital Media（NETP ）全年净利润为0.41。” without specifying the unit.

A price figure “33.60” is shown in the text, and the open offer price is shown as ₹32. The text also includes “Indicator | No Data Available” in a separate line, suggesting gaps in the reported indicator set in the source excerpt. These items are best read as raw data points included in the disclosure feed rather than a complete financial summary.

Key facts table

Why these disclosures matter for investors tracking governance

The set of disclosures points to a rapid sequence of governance and control changes, including a majority stake transfer and board-level leadership reshuffle. The appointments of a Chairman and Managing Director and a Whole Time Director, both subject to shareholder approval, indicate that the company is aligning formal management roles with the new controlling shareholders. The resignation of an Executive Director and CFO at the same time underscores the scale of management transition described by the company.

The proposed name change to Namastika Enterprises Limited and the planned alteration of the object clause signal a possible repositioning at the corporate level, although the exact business intent is not described in the text provided. The decision to set up a corporate office in Jaipur, while keeping the legal address listed in Mumbai, is another operational marker disclosed through board decisions. Finally, the open offer outcome provides a data point on shareholder participation at the stated offer terms, with tendered shares far below the offered quantity.

What to watch next based on stated next steps

The company has stated that key leadership appointments are subject to shareholder approval in the ensuing General Meeting. Investors tracking these developments will typically look for the general meeting notice and the results of shareholder voting on the appointments. Separately, formal progress on the proposed name change and object clause alteration would be reflected through subsequent corporate filings and approvals after the board considers and approves them.

As disclosed, July 2026 marks a period where Net Pix Shorts Digital Media Limited reported both a change in control and governance actions that could reshape how the company presents itself, including its proposed rebranding to Namastika Enterprises Limited and the establishment of a new corporate office address in Jaipur.