Umesh Vasantlal Modi, a former promoter of jupiter infomedia , disclosed the disposal of 1,00,000 equity shares on May 22, 2026. The transaction was executed through the open market mechanism, as per the regulatory filing submitted to BSE Limited. The disclosure was made in compliance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and Regulation 7(3) of the Prohibition of Insider Trading Regulations, 2015.

Shareholding Details

The disposal resulted in a reduction of the shareholder's stake in the company. Prior to the transaction, the individual held 6,77,872 shares, which represented 6.77% of the total share capital. Following the sale of 1,00,000 shares, the holding stands at 5,77,872 shares, accounting for 5.77% of the total voting capital.

Transaction Breakdown

The following table outlines the changes in shareholding as disclosed in the filing:

Regulatory Context

The filer clarified that he is a former promoter who sold the majority of his shareholding to new acquirers who subsequently became promoters of the company. He stated that he is currently neither a promoter, nor a director, nor in control or management of the company. The equity share capital of Jupiter Infomedia Limited remains at Rs. 10,02,00,000, divided into 1,00,20,000 equity shares of Rs 10 each.

Jupiter Infomedia held its Board of Directors meeting on May 13, 2026, at 3:15 PM, concluding at 4:15 PM. The board considered and approved both the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, M/s. Ladha Singhal & Associates (Firm Registration No. 120241W), issued an unmodified audit opinion on both sets of financial results. The intimation was signed by Viren Bakraniya, Managing Director & CFO (DIN: 10931691), on behalf of Jupiter Infomedia Limited.

Standalone Financial Performance

On a standalone basis, Jupiter Infomedia reported a net loss for FY26, reversing the profitability recorded in the previous year. Revenue from operations declined sharply, while total expenses remained broadly stable. The following table summarises the key standalone financial metrics:

The paid-up equity share capital stood at ₹1,002.00 lakhs (face value ₹10 per share) as at March 31, 2026. Other equity was reported at ₹(77.48) lakhs for FY26, compared to ₹(49.32) lakhs in FY25. Total standalone assets were ₹926.07 lakhs as at March 31, 2026, against ₹955.20 lakhs in the prior year. Total equity on a standalone basis stood at ₹924.52 lakhs.

Standalone Assets and Liabilities

The standalone balance sheet reflects a reduction in non-current assets, primarily due to a decline in other financial assets and the absence of right-of-use assets. Current assets increased, driven by higher current investments.

On the cash flow front, standalone net cash used in operating activities was ₹(35.71) lakhs for FY26, compared to a net inflow of ₹29.87 lakhs in FY25. Net cash used in investing activities was ₹(39.27) lakhs, while financing activities generated ₹76.90 lakhs, primarily on account of a lease security deposit refund of ₹77.50 lakhs. The net increase in cash and cash equivalents for the year was ₹1.91 lakhs, with the closing balance at ₹10.14 lakhs.

Consolidated Financial Performance

The consolidated results cover Jupiter Infomedia Limited (parent), Netlink Solutions (India) Limited (Indian subsidiary), and Jineshvar Securities Private Limited (wholly owned Indian subsidiary). The group reported a consolidated profit before tax of ₹59.35 lakhs for FY26, a significant decline from ₹746.66 lakhs in FY25. The following table presents the key consolidated financial metrics:

Of the FY26 consolidated profit, ₹4.76 lakhs was attributable to owners of the company and ₹92.02 lakhs to non-controlling interests. Consolidated other equity stood at ₹1,609.66 lakhs as at March 31, 2026, compared to ₹1,604.90 lakhs in the prior year. Total consolidated equity was ₹4,040.24 lakhs, with non-controlling interests at ₹1,428.57 lakhs.

Consolidated Segment Performance

The group operates across four segments: Web-based Solutions/Software Development, Magazine/Info Media, Exhibition Management, and Investments/Treasury. The Investments/Treasury segment was the primary contributor to consolidated revenue and profitability in FY26. The segment-wise revenue and results for FY26 are presented below:

Total consolidated segment assets stood at ₹4,043.82 lakhs as at March 31, 2026, compared to ₹4,012.07 lakhs in the prior year. Total segment liabilities declined to ₹3.57 lakhs from ₹68.61 lakhs. On the consolidated cash flow front, net cash used in operating activities was ₹(2,984.45) lakhs for FY26, largely driven by a significant increase in non-current financial asset loans of ₹(2,900.00) lakhs. Net cash from investing activities was ₹2,251.28 lakhs, while financing activities contributed ₹153.80 lakhs. The net decrease in consolidated cash and cash equivalents for the year was ₹(579.37) lakhs, with the closing balance at ₹383.52 lakhs.

Auditor's Opinion and Regulatory Compliance

The results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 13, 2026. M/s. Ladha Singhal & Associates, the statutory auditors, expressed an unmodified opinion on both the standalone and consolidated audited financial results for the year ended March 31, 2026. The financial results have been prepared in accordance with Indian Accounting Standards (Ind AS) under Section 133 of the Companies Act, 2013, and in terms of the SEBI circular dated July 5, 2016. The company operates in the business of web-based solutions, which constitutes the sole operating segment for standalone reporting purposes.