Acquisitions24 Mar 2026, 05:44 pm
Umesh Vasantlal Modi Acquires 3.00% Stake in Jupiter Infomedia Ltd
AI Summary
The Exchange has received a disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 from Umesh Vasantlal Modi. The disclosure includes the acquisition of 3.00% shares in Jupiter Infomedia Ltd. The total consideration for the shares is Rs. 10,02,00,000 divided into 1,00,20,000 equity shares of Rs 10 each. This acquisition will result in a change in the equity share capital and total voting capital of the company.
Key Highlights
- Umesh Vasantlal Modi acquires 3.00% stake in Jupiter Infomedia Ltd
- Total consideration for the shares is Rs. 10,02,00,000
- Acquisition includes 1,00,20,000 equity shares of Rs 10 each
- This acquisition will result in a change in the equity share capital and total voting capital of the company
- Disclosure made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011