Announced Fri, 13 Mar · 10:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kusumben Modi

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

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▲ 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

-2.5%1-day move

₹50.00

prior close

₹50.37

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0-0.2-2.5-3.6-3.8+0.2-0.1+0.0+23.5+29.2+29.8+14.5

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AI summary

Kusumben Vasantlal Modi, a member of the Promoter Group of Jupiter Infomedia Ltd, has sold her entire holding of 1,70,000 equity shares (1.70% of total share capital) at Rs. 50 per share through a Share Purchase Agreement dated April 9, 2025. The transaction was completed on March 12, 2026, bringing her shareholding to zero. The company has 1,00,20,000 total equity shares with a face value of Rs. 10 each. This disclosure was filed under SEBI Takeover Regulations and Insider Trading Regulations.

Likely market impact

This represents a complete exit by one promoter group member, reducing the overall promoter group's stake. For retail investors, this signals a promoter-level share sale that may be viewed negatively in the short term, though the impact on total promoter holding depends on whether other promoter group members hold significant stakes.