Jupiter Infomedia Promoter Manisha Modi Completes Total Share Exit

2 min read     Updated on 23 Mar 2026, 08:34 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 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?

Arix Capital Increases Stake to 32.73% in Jupiter Infomedia with Major Acquisition

1 min read     Updated on 18 Mar 2026, 12:28 PM
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Reviewed by
Riya DScanX News Team
AI Summary

Arix Capital Limited has significantly increased its stake in Jupiter Infomedia Limited to 32.73% through acquisition of 1,400,000 shares representing 13.97% of total share capital. The transaction was completed on March 16, 2026, under the existing Share Purchase Agreement dated April 9, 2025, with proper SEBI regulatory compliance and disclosure.

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Jupiter Infomedia Limited has disclosed a significant acquisition under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Arix Capital Limited, a promoter group entity, has substantially increased its stake in the company through a major share acquisition pursuant to the existing Share Purchase Agreement dated April 9, 2025.

Latest Major Acquisition Details

The recent transaction involved the acquisition of 1,400,000 additional shares, representing 13.97% of Jupiter Infomedia's total share capital. This substantial acquisition was completed on March 16, 2026, marking the largest single transaction by the promoter group in expanding their ownership position.

Parameter: Details
Acquiring Entity: Arix Capital Limited
Target Company: Jupiter Infomedia Limited
Additional Shares Acquired: 1,400,000
Additional Percentage Acquired: 13.97%
Transaction Date: March 16, 2026
Agreement Date: April 9, 2025

Updated Shareholding Pattern

The progressive acquisitions demonstrate Arix Capital Limited's strategic expansion in Jupiter Infomedia through multiple transactions under the same agreement:

Holding Period: Number of Shares Percentage
Before Latest Acquisition: 1,880,000 18.76%
Additional Shares Acquired: 1,400,000 13.97%
After Latest Acquisition: 3,280,000 32.73%

Company Capital Structure

Jupiter Infomedia Limited's equity structure remains unchanged following the acquisition. The company maintains its equity share capital at Rs. 10,02,00,000, divided into 1,00,20,000 equity shares of Re. 10/- each. The total diluted share capital also remains at the same level, indicating no outstanding convertible securities or warrants.

Transaction Framework and Compliance

The acquisition was executed pursuant to the Share Purchase Agreement dated April 9, 2025, that has governed all recent transactions. The newly acquired shares carry voting rights, with no additional voting rights obtained through other instruments. The disclosure was made in compliance with SEBI regulations, with Jupiter Infomedia Limited listed on BSE Limited. The transaction documentation was digitally signed by Kajal Gopal Baldha, Director of Arix Capital Limited, with DIN: 07406583, on March 17, 2026, from Rajkot.

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
+2.10%+2.61%+20.17%+0.87%+15.26%+76.34%

Will Arix Capital Limited continue acquiring shares to reach a majority stake or trigger a mandatory open offer under SEBI takeover regulations?

How might this increased promoter holding of 32.73% impact Jupiter Infomedia's corporate governance and minority shareholder rights?

What strategic initiatives or business expansion plans could Arix Capital be positioning for with this substantial stake increase?

More News on Jupiter Infomedia

1 Year Returns:+15.26%