Jupiter Infomedia Limited has filed a comprehensive disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, detailing a significant acquisition by Arix Capital Limited and its Persons Acting in Concert (PACs). The latest transaction increases the acquirer group's stake from 47.43% to 50.43%, giving them majority control over the company.

Acquisition Overview

The acquisition involves Arix Capital Limited as the primary acquirer, along with Ms. Kajal Baldha and Mr. Gopal Baldha as Deemed PACs. The acquiring parties belong to the Promoter/Promoter group category and executed the transaction through a Share Purchase Agreement dated 9th April 2025.

Shareholding Pattern Changes

The transaction represents a significant consolidation in Jupiter Infomedia's ownership structure, bringing the promoter group's holding above the 50% threshold. Prior to this latest acquisition, the acquirer group held 4752885 shares representing 47.43% of the total voting capital.

Company Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following this acquisition. The company maintains its existing capital base without any dilution or expansion.

Regulatory Compliance and Disclosure

The comprehensive SEBI disclosure confirms that no voting rights were acquired through instruments other than equity shares. The transaction does not involve warrants, convertible securities, or any other instruments that would entitle the acquirer to receive additional voting rights in the target company.

The official disclosure was digitally signed by Kajal Baldha, Director of Arix Capital Limited (DIN: 07406583), on 23.03.2026 from Rajkot, ensuring full regulatory compliance with SEBI takeover regulations. The acquisition strengthens the promoter group's control over Jupiter Infomedia Limited, establishing majority ownership and enhanced strategic control over the company's operations.

Jupiter Infomedia Limited's promoter and Managing Director Umesh Vasantlal Modi has executed another significant share disposal, further reducing his shareholding in the company. The latest transaction, completed on March 20, 2026, involved the sale of 2,07,500 equity shares representing 2.07% of the company's total share capital through a Share Purchase Agreement dated April 09, 2025.

Latest Transaction Details

The recent disposal has reduced Modi's shareholding from 23.31% to 21.24% of the company's total equity. This follows his previous share sale in March 2026, where he had disposed of 2,99,628 shares, reducing his stake from 26.30% to 23.31%.

Regulatory Compliance and Disclosure

The share disposal was disclosed in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Modi submitted the required regulatory filings to BSE Limited on March 20, 2026, ensuring full compliance with disclosure requirements.

The official disclosure documents were signed by Modi in his capacity as Seller, Promoter and Managing Director with DIN: 01570180, and submitted from Mumbai on the transaction date.

Share Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following the transaction. The company maintains its total equity share capital of Rs. 10,02,00,000, divided into 1,00,20,000 equity shares with a face value of Rs. 10.00 each.

Promoter Holdings Pattern

Despite the sequential share disposals, Umesh Vasantlal Modi retains his promoter status and continues serving as Managing Director of Jupiter Infomedia Limited. His current holding of 21,27,872 shares still represents a substantial 21.24% stake in the company, maintaining his position as a key stakeholder while providing increased liquidity in the market.