Jupiter Infomedia Promoter Manisha Modi Completes Total Share Exit
Jupiter Infomedia Limited's promoter Manisha Umesh Modi has completed her total divestment from the company by selling her remaining 1,92,500 equity shares representing 1.92% stake on March 20, 2026. The transaction was executed pursuant to a Share Purchase Agreement dated April 09, 2025, with Modi filing the necessary regulatory disclosures under SEBI regulations. Despite completely exiting her equity holding, Modi continues to serve as the company's Whole-time Director and CFO.

*this image is generated using AI for illustrative purposes only.
Jupiter Infomedia Limited has disclosed the complete exit of its promoter Manisha Umesh Modi from equity shareholding. Modi, who serves as the company's Whole-time Director and CFO, has sold her remaining 1,92,500 equity shares representing 1.92% stake, marking her complete divestment from the company's equity capital.
Official Regulatory Filing Details
The final share disposal was executed on March 20, 2026, pursuant to a Share Purchase Agreement dated April 09, 2025. Modi filed the necessary regulatory disclosures with BSE Limited on March 20, 2026, digitally signed at 18:54:57 +05'30'.
| Parameter: | Details |
|---|---|
| Shares Sold: | 1,92,500 |
| Percentage of Total Capital: | 1.92% |
| Transaction Date: | March 20, 2026 |
| Mode of Sale: | Share Purchase Agreement dated April 09, 2025 |
| Current Shareholding: | 0% |
| Filing Time: | March 20, 2026 at 18:54:57 +05'30' |
Complete Divestment Timeline
Modi's shareholding reduction has occurred in multiple phases, showing a systematic divestment approach leading to complete exit:
| Transaction Phase: | Shares Held | Stake (%) |
|---|---|---|
| Initial Holding: | 24,72,500 | 24.68% |
| After First Disposal: | 11,72,500 | 11.70% |
| After Second Disposal: | 1,92,500 | 1.92% |
| After Final Disposal: | 0 | 0% |
| Total Shares Disposed: | 24,72,500 | 24.68% |
Transaction Summary
The latest disposal represents Modi's complete exit from Jupiter Infomedia Limited's equity shareholding:
| Holding Period: | Number of Shares | Percentage (%) |
|---|---|---|
| Before Latest Disposal: | 1,92,500 | 1.92% |
| Shares Sold: | 1,92,500 | 1.92% |
| After Latest Disposal: | 0 | 0% |
Company Capital Structure
Jupiter Infomedia Limited's equity share capital structure remains unchanged following this transaction:
| Parameter: | Details |
|---|---|
| Total Equity Share Capital: | ₹10,02,00,000 |
| Number of Equity Shares: | 1,00,20,000 |
| Face Value per Share: | ₹10 |
| Listing Exchange: | BSE Limited |
Regulatory Compliance
The disclosure was made in compliance with regulatory requirements, with Modi filing the necessary documents on March 20, 2026. The filings included:
- Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
- Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
The transaction represents the completion of the promoter's total divestment, reducing her stake from an initial 24.68% to zero across multiple transactions. Modi continues to serve as Whole-time Director and CFO with DIN: 02057625 despite completely exiting her equity holding in the company.
Historical Stock Returns for Jupiter Infomedia
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.10% | +2.61% | +20.17% | +0.87% | +15.26% | +76.34% |
Will Jupiter Infomedia seek to appoint a new promoter or transition to a professionally managed structure following Modi's complete exit?
How might Modi's dual role as Whole-time Director and CFO without equity ownership affect her decision-making and long-term commitment to the company?
What impact could the absence of promoter shareholding have on Jupiter Infomedia's access to capital markets and investor confidence?

































