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.

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.

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.

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.

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.