Jupiter Infomedia Limited has received a disclosure from Arix Capital Limited and its Persons Acting in Concert (PACs) regarding a substantial acquisition of shares under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction significantly increases the acquirer group's stake in the company from 33.44% to 47.43%.
Acquisition Details
The acquisition involves Arix Capital Limited along with Ms. Kajal Baldha and Mr. Gopal Baldha (Deemed PAC) as the acquiring parties. The group belongs to the Promoter/Promoter group category and has executed the transaction through a Share Purchase Agreement dated 9th April 2025.
Parameter: Details Shares Acquired: 1402000 Percentage Acquired: 13.99% Mode of Acquisition: Share Purchase Agreement dated 9th April 2025 Acquisition Date: 19.03.2026 to 20.03.2026
Shareholding Pattern Changes
The transaction represents a significant change in the shareholding structure of Jupiter Infomedia Limited. Prior to this acquisition, the acquirer group held 3350855 shares, representing 33.44% of the total voting capital.
Shareholding: Before Acquisition After Acquisition Change Number of Shares: 3350855 4752885 +1402000 Percentage Holding: 33.44% 47.43% +13.99% Voting Rights: 33.44% 47.43% +13.99%
Company Capital Structure
Jupiter Infomedia Limited's equity share capital structure remains unchanged following this acquisition. The company maintains its existing capital base with no dilution or expansion of share capital.
Capital Structure: Details Total Equity Capital: Rs. 10,02,00,000 Number of Shares: 1,00,20,000 Face Value per Share: Re. 10/- Listing Exchange: BSE LIMITED
Regulatory Compliance
The disclosure has been made in compliance with SEBI regulations governing substantial acquisitions. The transaction does not involve any warrants, convertible securities, or other instruments that would entitle the acquirer to receive additional voting rights. The acquisition is structured as a straightforward equity share purchase without any complex financial instruments or conversion features.
The disclosure was signed by Kajal Baldha, Director of Arix Capital Limited (DIN: 07406583), on 20.03.2026 from Rajkot, ensuring proper regulatory compliance and transparency in the substantial acquisition process.
Jupiter Infomedia Limited has disclosed the complete exit of its promoter Manisha Umesh Modi from equity shareholding. Modi, who serves as the company's Whole-time Director and CFO, has sold her remaining 1,92,500 equity shares representing 1.92% stake, marking her complete divestment from the company's equity capital.
Official Regulatory Filing Details
The final share disposal was executed on March 20, 2026, pursuant to a Share Purchase Agreement dated April 09, 2025. Modi filed the necessary regulatory disclosures with BSE Limited on March 20, 2026, digitally signed at 18:54:57 +05'30'.
Parameter: Details Shares Sold: 1,92,500 Percentage of Total Capital: 1.92% Transaction Date: March 20, 2026 Mode of Sale: Share Purchase Agreement dated April 09, 2025 Current Shareholding: 0% Filing Time: March 20, 2026 at 18:54:57 +05'30'
Complete Divestment Timeline
Modi's shareholding reduction has occurred in multiple phases, showing a systematic divestment approach leading to complete exit:
Transaction Phase: Shares Held Stake (%) Initial Holding: 24,72,500 24.68% After First Disposal: 11,72,500 11.70% After Second Disposal: 1,92,500 1.92% After Final Disposal: 0 0% Total Shares Disposed: 24,72,500 24.68%
Transaction Summary
The latest disposal represents Modi's complete exit from Jupiter Infomedia Limited's equity shareholding:
Holding Period: Number of Shares Percentage (%) Before Latest Disposal: 1,92,500 1.92% Shares Sold: 1,92,500 1.92% After Latest Disposal: 0 0%
Company Capital Structure
Jupiter Infomedia Limited's equity share capital structure remains unchanged following this transaction:
Parameter: Details Total Equity Share Capital: ₹10,02,00,000 Number of Equity Shares: 1,00,20,000 Face Value per Share: ₹10 Listing Exchange: BSE Limited
Regulatory Compliance
The disclosure was made in compliance with regulatory requirements, with Modi filing the necessary documents on March 20, 2026. The filings included:
Disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011
Form C under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015
The transaction represents the completion of the promoter's total divestment, reducing her stake from an initial 24.68% to zero across multiple transactions. Modi continues to serve as Whole-time Director and CFO with DIN: 02057625 despite completely exiting her equity holding in the company.
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