Jupiter Infomedia Ltd. Director Disposes of Shares
Jupiter Infomedia Limited announced that Umesh Vasantlal Modi, a Promoter and Managing Director, has disposed of shares in the company. The disclosure, made on March 26, 2026, adheres to the Securities and Exchange Board of India (SEBI) regulations.Modi, who is also a Seller, divested 1,50,000 shares, representing 1.50% of the company’s total share/voting capital and diluted share/voting capital. Prior to the disposal, Modi held 14,27,872 shares, representing 14.25% of the company’s share/voting capital and diluted share/voting capital. Following the sale, his holding decreased to 12,77,872 shares, representing 12.75% of the company’s share/voting capital and diluted share/voting capital.
The shares were sold on March 25, 2026, through an off-market transaction. The total equity share capital of Jupiter Infomedia Limited is Rs. 10,02,00,000, divided into 1,00,20,000 equity shares of Rs. 10 each.
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