Manisha Umesh Modi, promoter and CFO of Jupiter Infomedia Limited, has disposed of a significant portion of her shareholding in the company through a structured transaction completed on March 10, 2026. The disposal was executed pursuant to a Share Purchase Agreement dated April 09, 2025, with formal regulatory disclosures submitted to BSE Limited.

Share Disposal Transaction Details

The transaction involved the disposal of 6,00,000 equity shares, representing 5.99% of the company's total share capital. The disposal was conducted in compliance with SEBI regulations and documented through proper regulatory channels.

Changes in Shareholding Pattern

Following the disposal, Modi's stake in Jupiter Infomedia Limited has been significantly reduced. Her shareholding decreased from 32.16% to 26.17%, representing a reduction of 5.99 percentage points.

Company Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following this transaction. The company maintains its capital base with no dilution effects from the promoter share disposal.

Regulatory Compliance and Documentation

The company has made comprehensive disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015. The formal disclosure was digitally signed by Manisha Umesh Modi on March 10, 2026, and submitted to BSE Limited with all required documentation.

Manisha Umesh Modi, who serves as Whole-time Director and CFO with DIN: 02057625, personally executed the regulatory filings from Mumbai. Despite the reduction in her shareholding, she continues to maintain a substantial stake of 26.17% in the company, ensuring her continued significant influence in the organization's strategic direction.

Jupiter Infomedia Limited has announced significant corporate developments at its subsidiary Netlink Solutions (India) Limited, involving an open offer and key board appointments under regulatory disclosure requirements.

Open Offer Details

An open offer has been launched for Netlink Solutions (India) Limited by a consortium of acquirers comprising Arix Capital Limited, Mrs. Kajal Gopal Baldha, and Mr. Punithbai Bavanjibhai Lakkad. The offer targets 26.00% of the voting share capital of Netlink Solutions under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The open offer stems from the indirect acquisition of voting rights and control over Netlink Solutions following the acquirers' purchase of 51.00% of the paid-up equity share capital of Jupiter Infomedia Limited, the holding company of Netlink Solutions.

Board Appointments at Subsidiary

Following the corporate restructuring, Netlink Solutions (India) Limited has made strategic board appointments based on recommendations from its Nomination and Remuneration Committee. The board has approved two key appointments effective March 10, 2026.

Regulatory Compliance

The disclosure has been made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reflecting Jupiter Infomedia's commitment to maintaining transparency with stakeholders regarding material developments at its subsidiary companies. The transaction structure involves compliance with multiple SEBI regulations including Regulations 3(1), 4 and 5(1) of the SAST Regulation.

The announcement was signed by Manisha Umesh Modi, Whole-time Director & CFO of Jupiter Infomedia Limited, ensuring proper corporate governance protocols were followed in the disclosure process.