Jupiter Infomedia Ltd changes name to Arix Energix Limited

1 min read     Updated on 20 Jul 2026, 11:28 PM
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Jupiter Infomedia Ltd has officially changed its name to Arix Energix Limited effective July 17, 2026, following a special resolution passed by shareholders on June 24, 2026. The application for the new name is currently being processed by BSE Limited.

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Jupiter Infomedia Ltd has changed its name to Arix Energix Limited effective July 17, 2026. The transformation follows a special resolution passed by the company's shareholders during a General Meeting held on June 24, 2026. This rebranding marks a significant shift in the corporate identity of the entity, which operates online business directories including JimTrade.com and IndiaNetzone.com.

The Managing Director, Viren Bakraniya, confirmed the development in a communication to BSE Limited. The notification stated that the name change was executed pursuant to the approval received from the members of the company. The application to formalize this change with the stock exchange is currently under process.

Details of the Change

The transition from Jupiter Infomedia Limited to Arix Energix Limited was finalized based on the regulatory approvals secured in late June. The company has updated its internal records to reflect the new name effective from the specified date in July.

Event Date
General Meeting June 24, 2026
Name Change Effective July 17, 2026
BSE Application Status Under Process

The company, listed on BSE with scrip code 534623, continues its operations under the new brand name. The communication was addressed to the General Manager of BSE Limited from the company's headquarters in Andheri (W), Mumbai.

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
-2.97%-1.89%-4.93%+52.64%+4.29%+116.69%

What specific strategic shifts in business operations will accompany the rebranding to Arix Energix Limited?

Will the company divest its existing online directory assets to focus on new energy-related ventures?

How does the company plan to communicate this significant identity change to its existing user base and advertisers?

Former promoter Umesh Vasantlal Modi exits Jupiter Infomedia

1 min read     Updated on 30 Jun 2026, 12:14 PM
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AI Summary

Umesh Vasantlal Modi, a former promoter of Jupiter Infomedia Limited, disposed of his remaining 2,37,872 equity shares on June 29, 2026, via the open market on BSE Limited, reducing his stake to 0%. The transaction was disclosed under SEBI (SAST) and PIT Regulations, confirming his status as a former promoter with no current management role.

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Umesh Vasantlal Modi, a former promoter of Jupiter Infomedia Limited , has completely exited the company by disposing of his remaining 2,37,872 equity shares on June 29, 2026. The shares were sold on the open market via BSE Limited, reducing his stake to zero. This transaction follows a prior sale of 90,000 shares on June 24, 2026. Modi clarified that he is a former promoter who sold his majority shareholding to new acquirers who became promoters pursuant to an open offer, and he is currently neither a promoter nor a director.

The disclosures were submitted under Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(3) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The filing confirmed that there were no transactions in derivatives, futures, or options by the connected person during the period.

Shareholding Details

The equity share capital of Jupiter Infomedia Limited stands at ₹10,02,00,000, divided into 1,00,20,000 equity shares of ₹10 each. Prior to the sale on June 29, Modi held 2,37,872 shares, representing 2.37% of the total voting capital. The disposal of these shares constituted 2.37% of the total voting capital.

Parameter Details
Name of Seller Umesh Vasantlal Modi
Category Former Promoter
Shares Sold 2,37,872
% of Total Capital 2.37%
Post-sale Holding 0 shares (0%)
Mode of Sale Open Market
Exchange BSE Limited
Date of Sale June 29, 2026

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
-2.97%-1.89%-4.93%+52.64%+4.29%+116.69%

How will the complete exit of the former promoter impact the strategic direction and management stability of Jupiter Infomedia?

What are the identities and future plans of the new acquirers who took over the majority shareholding?

Will the open market sale of the remaining 2.37% stake create significant downward pressure on the company's stock price?

More News on Jupiter Infomedia

1 Year Returns:+4.29%