Jupiter Infomedia Limited's promoter Umesh Vasantlal Modi sold 2,99,628 shares (2.99% stake) through open market transactions on March 16, 2026, reducing his holding from 26.30% to 23.31%. The transaction was disclosed to BSE in compliance with SEBI regulations. The company's share capital structure remains unchanged at Rs. 10,02,00,000 divided into 1,00,20,000 equity shares of Rs. 10 each.

Jupiter Infomedia Promoter Umesh Modi Sells 2.99% Stake Through Open Market

Jupiter Infomedia Limited's promoter and Managing Director Umesh Vasantlal Modi has disposed of a significant portion of his shareholding in the company through open market transactions. The share sale, completed on March 16, 2026, involved 2,99,628 equity shares representing 2.99% of the company's total share capital.

Transaction Details

The disposal has resulted in a reduction of Modi's shareholding from 26.30% to 23.31% of the company's total equity. The transaction was executed through open market sales, as disclosed in the regulatory filing submitted to BSE Limited on March 17, 2026.

Parameter Before Transaction Transaction Volume After Transaction Number of Shares 26,35,000 2,99,628 (sold) 23,35,372 Percentage Holding 26.30% 2.99% 23.31% Transaction Mode - Open Market - Transaction Date - March 16, 2026 -

Regulatory Compliance

The share disposal was disclosed in accordance with Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, and Regulation 7(2) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Modi, who holds the Director Identification Number 01570180, submitted the required disclosures to ensure compliance with regulatory requirements.

Company Share Capital Structure

Jupiter Infomedia Limited's equity share capital structure remains unchanged following the 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.

Promoter Profile

Umesh Vasantlal Modi continues to serve as the Managing Director of Jupiter Infomedia Limited while maintaining his promoter status despite the reduction in shareholding. His current holding of 23,35,372 shares still represents a substantial stake in the company, maintaining his position as a key stakeholder in the organization's operations and strategic direction.

Jupiter Infomedia Limited has disclosed a significant share disposal by its promoter Manisha Umesh Modi, who serves as the company's Whole-time Director and CFO. The transaction involves the sale of 13,00,000 equity shares, representing a substantial reduction in her stake in the company.

Transaction Details

The share disposal was executed on March 16, 2026, pursuant to a Share Purchase Agreement dated April 09, 2025. The transaction details are summarized below:

Parameter Details Shares Sold 13,00,000 Percentage of Total Capital 12.97% Transaction Date March 16, 2026 Mode of Sale Share Purchase Agreement dated April 09, 2025

Shareholding Pattern Changes

The disposal has resulted in a significant change in Manisha Umesh Modi's shareholding pattern in Jupiter Infomedia Limited:

Holding Period Number of Shares Percentage (%) Before Disposal 24,72,500 24.68% Shares Sold 13,00,000 12.97% After Disposal 11,72,500 11.70%

Company Share Capital Structure

Jupiter Infomedia Limited's equity share capital remains unchanged following this transaction. The company's capital structure details are:

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 under SEBI regulations. Manisha Umesh Modi filed the necessary documents including:

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 a significant divestment by the promoter, reducing her stake by more than half from the pre-transaction holding. The shares continue to be listed on BSE Limited, and the company's total share capital structure remains unchanged post-transaction.

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