Announced Thu, 25 Jun · 09:16 IST
Former promoter Umesh Modi sells 90000 shares of Jupiter Infomedia
Ownership Changes View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+8.8%1-day move
₹55.49
prior close
—
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+8.8+7.9+4.2+2.4+5.8+1.8-4.7-3.1——
Up moveDown movePending
AI summary
Former promoter Umesh Vasantlal Modi sold 90000 equity shares (0.90 percent) of Jupiter Infomedia in the open market on June 24, 2026 at Rs 54 per share, totaling Rs 48.6 lakhs. His holding dropped from 327872 shares (3.27 percent) to 237872 shares (2.37 percent). He clarified he is no longer a promoter, director or in management after selling his majority stake to new acquirers through an open offer. Disclosures filed under SAST Reg 29(2) and Insider Trading Reg 7(3).
Likely market impact
Small open market sale by an outgoing former promoter; new promoters already in control, so limited direct impact on the stock.