StockWatch
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Internet & Catalogue Retail
Shareholding25 May 2026, 08:02 pm

Jupiter Infomedia: Umesh Modi Sells 2.5 Lakh Shares

AI Summary

Umesh Modi, a former promoter of Jupiter Infomedia Ltd, disposed of 2.5 lakh shares of the company through an open market transaction on May 25, 2026. This sale reduces his holding from 5.77% to 3.27% of the company's equity. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Umesh Modi sold 2.5 lakh shares of Jupiter Infomedia on May 25, 2026.
  • The sale was executed through the open market.
  • Modi's shareholding decreased from 5.77% to 3.27% after the transaction.
  • The disclosure was made under SEBI's SAST Regulations.
  • Umesh Modi is a former promoter of Jupiter Infomedia.