Announced Wed, 25 Mar · 12:57 IST

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

+7.1%1-day move

₹50.00

prior close

₹49.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+7.1+1.9+7.0+12.0+15.0+23.5+48.1+34.0+26.0+15.0

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AI summary

Umesh Vasantlal Modi, Promoter and Managing Director of Jupiter Infomedia Limited, has sold 4,00,000 equity shares (3.99% of total share capital) through the open market on March 24, 2026. Before the sale, he held 18,27,872 shares (18.24%); after the sale, his holding stands at 14,27,872 shares (14.25%). The disposal was disclosed under SEBI SAST Regulation 29(2) and Insider Trading Regulation 7(2). The company's total equity capital remains unchanged at 1,00,20,000 shares of Rs 10 each.

Likely market impact

A promoter selling nearly 4% of the company in the open market is a negative signal and may put short-term pressure on the stock price, as it typically signals reduced promoter confidence or a need to raise personal funds. Existing shareholders should monitor further promoter activity closely.