BSEJupiter Infomedia LtdMediumNegative
Announced Wed, 11 Mar · 09:44 IST

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

Promoter Stake Sell 1pctOwnership Changes View source PDF

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Manisha Umesh Modi, Promoter and Whole-time Director & CFO of Jupiter Infomedia, has disclosed the sale of 6,00,000 equity shares of the company, representing 5.99% of the total share capital. Her holding in the company has come down from 32,22,500 shares (32.16%) to 26,22,500 shares (26.17%). The transaction was carried out under Regulation 29(2) of SEBI Takeover Regulations and Regulation 7(2) of Insider Trading Regulations. The company's total equity capital stands at 1,00,20,000 shares of Rs 10 each, and she continues to remain a promoter post-disposal. The intimation date is March 10, 2026, with the actual sale reportedly executed on April 9, 2025.

Likely market impact

A 5.99% stake sale by a promoter and Whole-time Director/CFO is a significant reduction in promoter holding and may be viewed negatively by the market, potentially weighing on the stock price. Investors should monitor for further promoter sales or any explanation from the company regarding the rationale behind this large disposal.