Cyber Media Promoters Boost Stake to 66.57% Through Rights Issue
Cyber Media (India) Limited's Promoter & Promoter Group increased their stake from 61.79% to 66.57% following a rights issue. The issue resulted in 41,87,052 additional shares being allotted to the promoter group. Pradeep Gupta, the primary promoter, increased his stake from 47.74% to 54.18%. The company's total share capital expanded from Rs. 15.67 crore to Rs. 18.25 crore, with the number of shares increasing from 1,56,67,242 to 2,08,29,721.

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Cyber Media (India) Limited , a prominent player in the media industry, has witnessed a significant change in its shareholding structure following a rights issue. The company's Promoter & Promoter Group, led by Pradeep Gupta, has increased their collective stake from 61.79% to 66.57%, as disclosed in a recent regulatory filing.
Rights Issue Details
The rights issue resulted in the allotment of 41,87,052 additional shares to the promoter group. This acquisition represents 20.10% of the post-issue capital, demonstrating a strong vote of confidence in the company's future prospects.
Key Shareholding Changes
- Pradeep Gupta: The primary promoter's individual stake rose from 47.74% to 54.18%, reinforcing his position as the majority shareholder.
- Dhaval Gupta: Another key promoter, Dhaval Gupta, saw his shareholding increase in absolute terms but decrease in percentage, moving from 12.27% to 11.05% after acquiring 3,80,000 shares.
- Other Promoter Group Members: Kriti Gupta and Anuradha Gupta maintained their shareholdings, which now represent 0.82% and 0.51% of the total share capital, respectively.
Impact on Company's Capital Structure
The rights issue has led to a significant expansion of Cyber Media's equity share capital:
Aspect | Pre-Issue | Post-Issue |
---|---|---|
Total Share Capital | Rs. 15.67 crore | Rs. 18.25 crore |
Number of Shares | 1,56,67,242 | 2,08,29,721 |
Share Face Value | Rs. 10 | Rs. 10 |
It's worth noting that the post-issue capital includes both fully paid and partly paid equity shares.
Regulatory Compliance
In compliance with SEBI regulations, specifically Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Pradeep Gupta filed the necessary disclosures. This transparency ensures that all stakeholders are informed about the significant changes in the company's ownership structure.
The increased promoter stake could be seen as a positive signal, potentially indicating the promoters' confidence in the company's growth prospects and their commitment to its long-term success. However, investors should always conduct their own research and consider multiple factors when making investment decisions.
Historical Stock Returns for Cyber Media
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-5.02% | +26.63% | +23.67% | +34.55% | -18.58% | +855.56% |