Jupiter Infomedia Promoter Umesh Vasantlal Modi Disposes 80,000 Shares Under SEBI Regulations

1 min read     Updated on 13 Mar 2026, 11:03 AM
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Overview

Jupiter Infomedia Limited's promoter Umesh Vasantlal Modi disposed of 80,000 equity shares (0.80% stake) on March 12, 2026, reducing his holding from 28.09% to 27.30%. The transaction was executed through a Share Purchase Agreement dated April 09, 2025, with proper regulatory disclosures filed under SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Jupiter Infomedia Limited's promoter and Managing Director Umesh Vasantlal Modi has filed mandatory disclosures with BSE Limited regarding the disposal of equity shares under SEBI regulations. The transaction represents a reduction in the promoter's stake in the Mumbai-based company.

Share Disposal Details

The disposal involves 80,000 equity shares of Jupiter Infomedia Limited, representing 0.80% of the company's total share capital. The transaction was completed on March 12, 2026, pursuant to a Share Purchase Agreement dated April 09, 2025.

Transaction Parameter: Details
Shares Disposed: 80,000
Percentage of Total Capital: 0.80%
Transaction Date: March 12, 2026
Mode of Disposal: Share Purchase Agreement dated April 09, 2025

Shareholding Changes

Following the disposal, Modi's shareholding in Jupiter Infomedia has been reduced from the previous holding. The change in shareholding pattern shows a decrease in the promoter's stake while maintaining his position as a significant shareholder.

Shareholding Status: Before Disposal After Disposal Change
Number of Shares: 28,15,000 27,35,000 -80,000
Percentage Holding: 28.09% 27.30% -0.80%

Company Share Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following this transaction. The company maintains its existing capital base with no impact on the total number of outstanding shares.

Capital Structure: Details
Total Share Capital: Rs. 10,02,00,000
Number of Shares: 1,00,20,000
Face Value per Share: Rs 10
Listing Exchange: BSE Limited

Regulatory Compliance

The disclosure has been made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. Modi, who serves as the Managing Director with DIN 01570180, filed the necessary forms with BSE Limited from Mumbai on March 12, 2026.

The transaction does not involve any encumbrances, voting rights other than shares, or convertible securities. The disposal represents a straightforward equity share transaction that reduces the promoter's direct shareholding in the company while maintaining compliance with regulatory disclosure requirements.

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+1.08%+5.08%-3.83%+19.21%+70.40%

Jupiter Infomedia Promoter Manisha Modi Sells 1.50 Lakh Shares Worth Rs. 75.00 Lakh

1 min read     Updated on 13 Mar 2026, 10:59 AM
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Reviewed by
Radhika SScanX News Team
Overview

Jupiter Infomedia Limited disclosed that promoter Manisha Umesh Modi sold 1,50,000 equity shares (1.50% stake) at Rs. 50.00 per share on March 12, 2026, generating proceeds of Rs. 75.00 lakh. The transaction, executed pursuant to a Share Purchase Agreement dated April 09, 2025, reduced Modi's shareholding from 26.17% to 24.68%. Modi continues to serve as Whole-time Director and CFO of the BSE-listed company, which maintains its equity capital structure of Rs. 10,02,00,000 divided into 1,00,20,000 shares of Rs. 10 each.

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*this image is generated using AI for illustrative purposes only.

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.

Transaction Parameter: Details
Shares Sold: 1,50,000 equity shares
Sale Price: Rs. 50.00 per share
Total Value: Rs. 75.00 lakh
Transaction Date: March 12, 2026
Mode of Sale: Pursuant to Share Purchase Agreement

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.

Shareholding Position: Before Sale After Sale Change
Number of Shares: 26,22,500 24,72,500 -1,50,000
Percentage Holding: 26.17% 24.68% -1.50%
Voting Rights: 26.17% 24.68% -1.50%

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.

Historical Stock Returns for Jupiter Infomedia

1 Day5 Days1 Month6 Months1 Year5 Years
-1.99%+1.08%+5.08%-3.83%+19.21%+70.40%

More News on Jupiter Infomedia

1 Year Returns:+19.21%