Jupiter Infomedia Limited's promoter and Managing Director Umesh Vasantlal Modi has disposed of a portion of his shareholding in the company through a structured transaction. The disposal, executed on March 16, 2026, involved the sale of 1,00,000 equity shares, representing 1.00% of the company's total share capital.

Share Disposal Details

The transaction was conducted pursuant to a Share Purchase Agreement dated April 09, 2025. Modi's shareholding has decreased from 27,35,000 shares to 26,35,000 shares, marking a decline from 27.30% to 26.30% of the total share capital.

Regulatory Compliance

The company has filed the necessary regulatory disclosures in compliance with SEBI regulations. The disposal has been reported under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The disclosure documents were submitted to BSE Limited on March 17, 2026.

Company Structure

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 company's shares are listed on BSE Limited.

The disclosure documents were signed by Umesh Vasantlal Modi in his capacity as Seller, Promoter and Managing Director, with DIN: 01570180. The formal communication to the stock exchange was completed on March 17, 2026, ensuring full regulatory compliance.

Kusumben Vasantlal Modi, a promoter group member of Jupiter Infomedia Limited, has completed the full disposal of her remaining stake in the company through a comprehensive Share Purchase Agreement. The latest regulatory disclosures filed on March 12, 2026, reveal the complete exit of Modi from her shareholding position, marking the conclusion of her stake reduction process.

Complete Stake Disposal Transaction

The final transaction involved the sale of Modi's entire remaining holding of 1,70,000 equity shares, representing 1.70% of the company's total share capital. The disposal was executed at Rs. 50.00 per share, generating total proceeds of Rs. 85,00,000 for the seller.

Shareholding Changes and Regulatory Compliance

The comprehensive regulatory filing shows Modi's complete exit from her shareholding position in Jupiter Infomedia Limited. Her holding has been reduced to zero following this final disposal, completing her divestment process from the company.

Regulatory Documentation and Compliance

Modi has filed comprehensive disclosures with BSE Limited's Department of Corporate Services, ensuring full compliance with SEBI regulations. The documentation includes 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.

Company Capital Structure Remains Unchanged

Jupiter Infomedia Limited's equity share capital structure remains stable at Rs. 10,02,00,000, divided into 1,00,20,000 equity shares with a face value of Rs. 10 each. The company continues its listing on BSE Limited, with the promoter group shareholding pattern now reflecting Modi's complete exit from her position as a stakeholder in the organization.