Jupiter infomedia Limited has received a disclosure under SEBI regulations regarding a substantial acquisition by investment entities Shivaan Capitalnest Advisors and Daizy Wealthedge Advisors. The acquisition represents a significant increase in their shareholding in the BSE-listed company.

Acquisition Details

The two entities, acting in concert, acquired 4,02,464 equity shares representing 4.02% of the total share capital through open market transactions on March 24, 2026. This acquisition increased their combined holding from the previous 1,01,022 shares (1.01%) to 5,03,486 shares (5.03%).

Shareholding Pattern Changes

The acquisition resulted in a substantial change in the shareholding pattern of the acquirers in Jupiter Infomedia Limited:

Company Structure

Jupiter Infomedia Limited maintains its equity share capital structure unchanged following this acquisition. The company's equity share capital remains at ₹10,02,00,000 divided into 1,00,20,000 equity shares of ₹10 each. The acquirers are not part of the promoter or promoter group of the target company.

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates disclosure when an acquirer's shareholding crosses certain thresholds. The disclosure was signed by Vaishali Sukhadiya, Partner at Shivaan Capitalnest Advisors, confirming the transaction details and regulatory compliance.

Jupiter Infomedia Limited has received a regulatory disclosure from its promoter and managing director Umesh Vasantlal Modi regarding the disposal of equity shares. The transaction was executed in compliance with Securities and Exchange Board of India regulations governing substantial shareholding changes and insider trading norms.

Share Disposal Transaction Details

Modi disposed of 4,00,000 equity shares on March 24, 2026, representing 3.99% of the company's total share capital. The transaction was conducted through open market sales, marking a significant reduction in his promoter shareholding.

Regulatory Compliance and Documentation

The official disclosure was submitted to BSE Limited on March 25, 2026, through a formal communication addressed to the Department of Corporate Services at BSE's Dalal Street office in Mumbai. The disclosure was made under dual regulatory frameworks:

The formal disclosure letter was digitally signed by Modi at 12:00:38 +05'30' on March 25, 2026, with all required Form C documentation submitted as enclosures.

Company Share Capital Structure

Jupiter Infomedia Limited's equity share capital structure remained unchanged following the transaction:

Promoter Profile and Transaction Impact

Umesh Vasantlal Modi serves as the promoter and managing director of Jupiter Infomedia Limited with Director Identification Number (DIN) 01570180. The disposal was executed through open market transactions, reducing his stake from 18.24% to 14.25% while maintaining his executive role in the company. The transaction represents a strategic reduction in promoter shareholding through regulated market mechanisms.