Jupiter Infomedia Director Disposes of Shares on Open Market
Jupiter Infomedia Limited announced that Umesh Vasantlal Modi, a Promoter and Managing Director, disposed of 400,000 shares in an open market transaction on March 24, 2026.According to a filing, Modi’s holding in the company has decreased from 18.24% (18,27,872 shares) to 14.25% (14,27,872 shares) following the disposal. The transaction was conducted on the BSE Limited.
Prior to the sale, Modi held 18,27,872 shares representing 18.24% of the company’s total share capital. The equity share capital of Jupiter Infomedia Limited remains at Rs. 10,02,00,000, divided into 1,00,20,000 equity shares of Rs. 10 each.
| Detail | Before Disposal | After Disposal |
|---|---|---|
| Shares carrying voting rights held | 18,27,872 | 14,27,872 |
| Percentage of total share/voting capital | 18.24 | 14.25 |
| Percentage of total diluted share/voting capital | 18.24 | 14.25 |
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