Kusumben Vasantlal Modi, a promoter group member of Jupiter Infomedia Limited, has disclosed the disposal of a significant stake in the company through regulatory filings submitted to BSE Limited on March 9, 2026. The transaction involved the sale of 7,80,000 equity shares, representing 7.78% of the company's total share capital.

Transaction Details

The share disposal was executed through an open offer mechanism on March 9, 2026. The transaction has been disclosed 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.

Shareholding Pattern Changes

The disposal has resulted in a substantial reduction in Modi's shareholding in Jupiter Infomedia Limited. Before the transaction, Modi held 9,50,000 shares representing 9.48% of the total voting capital. Following the disposal, the holding has been reduced to 1,70,000 shares, constituting 1.70% of the company's equity.

Company Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following this 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 each. The company's shares are listed on BSE Limited.

Regulatory Compliance

The disclosure has been made in accordance with SEBI regulations governing substantial shareholding changes and insider trading norms. As a promoter group member, Modi is required to disclose such transactions that result in changes to substantial shareholding positions. The filing includes comprehensive details of the shareholding pattern before and after the transaction, ensuring transparency for market participants and regulatory authorities.

Jupiter Infomedia Limited has announced the appointment of Ms. Kiran Ashok Nyayadhish as Internal Auditor for the Financial Year 2025-26. The decision was approved by the company's Board of Directors during their meeting held on January 19, 2026.

Board Meeting Details

The Board of Directors meeting was conducted on Monday, January 19, 2026, commencing at 1:00 p.m. and concluding at 2:20 p.m. The primary agenda item was the appointment of an Internal Auditor for the upcoming financial year.

Appointment Information

The company has provided comprehensive details about the new appointment as required under Regulation 30 of the SEBI Listing Regulations:

Professional Background

Ms. Kiran Ashok Nyayadhish brings relevant qualifications and experience to her new role. She holds a Bachelor of Commerce degree from Mumbai University and possesses experience in both education and corporate operations, having worked across different fields.

Regulatory Compliance

The appointment information has been submitted to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The submission also adheres to SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

The announcement was signed by Umesh Vasantlal Modi, Chairman & Managing Director of Jupiter Infomedia Limited, and submitted to the stock exchange for record updates and portal maintenance.