Jupiter Infomedia Limited has announced the disposal of shares by its promoter Manisha Umesh Modi in compliance with SEBI regulations. The transaction involved the sale of 1,50,000 equity shares at Rs. 50.00 per share, generating total proceeds of Rs. 75.00 lakh.

Transaction Details

The share disposal was executed on March 12, 2026, pursuant to a Share Purchase Agreement dated April 09, 2025. Manisha Umesh Modi, who holds the positions of Promoter, Whole-time Director, and Chief Financial Officer, sold the shares representing 1.50% of the company's total voting capital.

Shareholding Changes

The disposal has resulted in a reduction of Modi's stake in Jupiter Infomedia Limited. Her shareholding decreased from 26,22,500 equity shares to 24,72,500 equity shares following the transaction.

Company Structure

Jupiter Infomedia Limited maintains its equity share capital structure unchanged following this transaction. The company's total equity share capital remains at Rs. 10,02,00,000, divided into 1,00,20,000 equity shares of Rs. 10 each. The company's shares are listed on BSE Limited.

Regulatory Compliance

The company has filed comprehensive disclosures with the stock exchange in accordance with regulatory requirements. The filings include disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015.

Manisha Umesh Modi, bearing DIN 02057625, continues to serve as Whole-time Director and CFO of the company despite the reduction in her shareholding. The transaction represents a strategic disposal by the promoter while maintaining significant stake in the company's operations and governance.

Jupiter Infomedia Limited's promoter and Managing Director Umesh Vasantlal Modi has completed the formal regulatory filing for his recent share disposal transaction. The official disclosure, filed with BSE Limited on March 9, 2026, provides comprehensive details of the transaction that reduced his stake in the company from 29.09% to 28.09%.

Official Regulatory Filing

Modi submitted the mandatory disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing, addressed to the Department of Corporate Services at BSE Limited, includes detailed documentation of the share disposal transaction.

Transaction Specifics

The disposal involved 1,00,000 equity shares, representing 1.00% of Jupiter Infomedia's total voting capital. The transaction was executed pursuant to a Share Purchase Agreement dated April 9, 2025, with the actual disposal completed on March 9, 2026.

Company Capital Structure

The regulatory filing confirms that Jupiter Infomedia Limited's equity share capital remains unchanged at Rs. 10,02,00,000, divided into 1,00,20,000 equity shares of Rs. 10 each. The total diluted share capital also maintains the same structure, indicating no impact on the company's overall capital framework.

Compliance and Documentation

The comprehensive filing includes detailed tables showing Modi's shareholding before and after the transaction, confirming his continued status as a promoter of the company. The documentation ensures full transparency regarding the change in promoter shareholding and maintains compliance with SEBI regulations for substantial shareholding changes.