Shareholding23 May 2026, 01:01 pm
Jupiter Infomedia: Umesh Vasantlal Modi Sells 1% Stake
AI Summary
Umesh Vasantlal Modi, a former promoter of Jupiter Infomedia Ltd, disposed of 1,00,000 shares (1% stake) of the company through open market transactions on May 22, 2026. This disclosure is under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Post-sale, Modi's holding in the company stands at 5,77,872 shares, representing 5.77% of the total share capital.
Key Highlights
- Umesh Vasantlal Modi sold 1,00,000 shares of Jupiter Infomedia via open market.
- The sale represents a 1% stake in the company.
- Modi's holding after the sale is 5,77,872 shares (5.77%).
- The disclosure is under SEBI's Substantial Acquisition Regulations.
- Modi is a former promoter who sold shares to new promoters.
Price Impact
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