Netlink Solutions Restructures, Plans Shift to Gujarat, and Expands Business into Tungsten Derivatives

Netlink Solutions Restructures, Plans Shift to Gujarat, and Expands Business into Tungsten Derivatives​

Netlink Solutions (India) Ltd. has approved significant corporate changes, including shifting its registered office from Maharashtra to Gujarat, deciding to sell specific assets, and substantially expanding its business scope to incorporate tungsten-based products. The company also confirmed the appointments of several directors across different categories.

The Board of Directors reviewed and sanctioned the proposal to shift the company's registered office from the state of Maharashtra to the state of Gujarat. In tandem with this move, the company approved a resolution for the sale or disposal of certain assets. These assets include office premises located at Lotus Pride in Vile Parle West, two cars (a Seltos Car and a Nexon Car), with the ultimate consideration being determined by the Board of Directors to be in the best interest of the Company.

Business Expansion through Object Alteration​

A core decision taken by Netlink Solutions is the alteration of its Memorandum of Association to include new business activities. Previously engaged primarily in Information Technology, the company plans a diversification into manufacturing, process engineering, and international trade involving tungsten-based products. The expanded scope includes handling tungsten scrap, ammonium pera tungsten, tungsten trioxide WO3, cobalt metal powder, tungsten metal powder, carbide powders, and related parts for automotive, industrial, aerospace, defense, and nuclear segments.

Director Appointments Confirmed​

The company's board meeting also focused on confirming several director appointments, effective from March 10, 2026, and April 23, 2026.

Key appointments confirmed include:

• Ms. Kajal Gopal Baldha (Promoter Category), who was appointed as an Additional Director on March 10, 2026. The Board proposed confirming her role for up to five years.
• Mr. Viren Sudhirbhai Bakraniya (Professional Category), also holding a position since March 10, 2026. The appointment is set to be confirmed for up to five years.
• Ms. Aanal Milankumar Satyawadi (Independent Director), appointed on April 23, 2026.
• Ms. Yesha Shah (Independent Director), also having been appointed on April 23, 2026.

The decisions regarding the sale of assets and the operational shift are set to be approved by members through a General Meeting.

Stock Price Movement​

Netlink Solutions India Ltd. settled at ₹186.90 at the close of trade today after slipping 0.05%.Shares navigated a wide intraday band, testing a high of ₹194.00 before finding support near the ₹185.00 low.