
Shareholding30 Jun 2026, 12:04 pm
Umesh Modi Sells 2.37% Stake in Jupiter Infomedia
AI Summary
Umesh Vasantlal Modi, a former promoter of Jupiter Infomedia Ltd, has disclosed the sale of his entire 2.37% stake in the company through an open market transaction. The sale, which occurred on June 29, 2026, resulted in his shareholding reducing to zero. Modi stated he is no longer a promoter, director, or in control of the company, following the sale of his majority shareholding to new acquirers who have become the promoters. The total equity share capital of the company remains unchanged at Rs. 10,02,00,000.
Key Highlights
- Former promoter Umesh Modi sold 2.37% stake in Jupiter Infomedia.
- Transaction was conducted via open market sale on June 29, 2026.
- Modi is no longer a promoter, director, or in control of the company.
- New acquirers have become promoters post-transaction.
Price Impact
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