Jupiter Infomedia Limited has announced significant board changes in its material unlisted subsidiary, Jineshvar Securities Private Limited, effective March 30, 2026. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Composition Changes

The Board of Directors of Jineshvar Securities Private Limited has approved three key changes to its board composition:

New Director Appointment

Mr. Anshul Laxkar has been appointed as an Additional Director in the Non-Executive and Independent capacity. His appointment carries a term of five years commencing from March 30, 2026. The appointment reflects the subsidiary's commitment to maintaining appropriate board governance structures.

Director Resignations

The board changes also include the simultaneous resignations of two existing directors. Both Mr. Umesh Vasantlal Modi and Mrs. Manisha Umesh Modi have stepped down from their director positions effective the same date as the new appointment.

Regulatory Compliance

The disclosure was formally communicated to BSE Limited by Mr. Viren Bakraniya, Managing Director and CFO of Jupiter Infomedia Limited. The communication ensures compliance with regulatory requirements for material subsidiary disclosures under SEBI listing obligations.

Jineshvar Securities Private Limited operates as a material unlisted subsidiary of Jupiter Infomedia Limited, necessitating such formal disclosures of significant board changes to maintain transparency with stakeholders and regulatory authorities.

Jupiter Infomedia Limited has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding the acquisition of additional shares by Arix Capital Limited and its Persons Acting in Concert (PACs). The transaction has resulted in an increase in the acquirer group's total shareholding from 50.43% to 51.93%.

Acquisition Details

The acquisition involves Arix Capital Limited, Ms. Kajal Baldha, and Mr. Gopal Baldha (Deemed PAC), who belong to the Promoter/Promoter group. The transaction was executed through a Share Purchase Agreement dated April 9, 2025, and completed on March 25, 2026.

Shareholding Pattern Changes

The disclosure provides a comprehensive breakdown of the shareholding pattern before and after the acquisition:

Company Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following the transaction. The company maintains its capital base with specific denomination and total value as disclosed in the regulatory filing.

Regulatory Compliance

The disclosure was filed in compliance with SEBI regulations governing substantial acquisitions and takeovers. The document was digitally signed by Kajal Baldha, Director (DIN: 07406583), on March 26, 2026, from Rajkot, ensuring proper regulatory adherence and transparency in the acquisition process.