Jupiter Infomedia Limited's promoter and Managing Director Umesh Vasantlal Modi has executed another significant share disposal, further reducing his shareholding in the company. The latest transaction, completed on March 20, 2026, involved the sale of 2,07,500 equity shares representing 2.07% of the company's total share capital through a Share Purchase Agreement dated April 09, 2025.

Latest Transaction Details

The recent disposal has reduced Modi's shareholding from 23.31% to 21.24% of the company's total equity. This follows his previous share sale in March 2026, where he had disposed of 2,99,628 shares, reducing his stake from 26.30% to 23.31%.

Regulatory Compliance and Disclosure

The share disposal was disclosed in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Modi submitted the required regulatory filings to BSE Limited on March 20, 2026, ensuring full compliance with disclosure requirements.

The official disclosure documents were signed by Modi in his capacity as Seller, Promoter and Managing Director with DIN: 01570180, and submitted from Mumbai on the transaction date.

Share Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following the transaction. The company maintains its total equity share capital of Rs. 10,02,00,000, divided into 1,00,20,000 equity shares with a face value of Rs. 10.00 each.

Promoter Holdings Pattern

Despite the sequential share disposals, Umesh Vasantlal Modi retains his promoter status and continues serving as Managing Director of Jupiter Infomedia Limited. His current holding of 21,27,872 shares still represents a substantial 21.24% stake in the company, maintaining his position as a key stakeholder while providing increased liquidity in the market.

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'.

Complete Divestment Timeline

Modi's shareholding reduction has occurred in multiple phases, showing a systematic divestment approach leading to complete exit:

Transaction Summary

The latest disposal represents Modi's complete exit from Jupiter Infomedia Limited's equity shareholding:

Company Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following this transaction:

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.