
Shareholding25 Jun 2026, 09:17 am
Umesh Vasantlal Modi Sells 90,000 Jupiter Infomedia Shares
AI Summary
Umesh Vasantlal Modi, a former promoter of Jupiter Infomedia Ltd, has disclosed the sale of 90,000 equity shares, representing 0.90% of the total share capital. The transaction occurred via the open market on June 24, 2026. Following this sale, Modi's shareholding in the company has reduced to 2,37,872 shares, accounting for 2.37% of the total share capital. Modi stated he is no longer a promoter, director, or in control of the company, having sold his majority stake to new promoters who acquired control through an open offer.
Key Highlights
- Former promoter sold 90,000 shares in Jupiter Infomedia.
- Transaction was an open market sale on June 24, 2026.
- Seller's stake reduced to 2.37% post-sale.
- Seller is no longer a promoter or in company management.
Price Impact
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