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 Explain this filing

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₹49.90

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Nifty Microcap 250market · in no size index; the smallest one is used-0.3%+0.5% vs market

Internet & Catalogue Retail peers, median of 6sector-1.5%+1.7% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty Microcap 250 and 1.7 pts more than its Internet & Catalogue Retail peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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+0.2-0.3+0.5-1.5+1.7

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+0.2-3.2+3.4-3.5+3.7

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+28.3+12.6+15.7-1.6+29.8

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UpDownMarket · Nifty Microcap 250Sector · Internet & Catalogue Retail peers, median of 6Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Umesh Vasantlal Modi, the Promoter and Managing Director of Jupiter Infomedia Ltd, has disclosed a sale of 1,00,000 equity shares (1.00% of the company's total share capital) under SEBI SAST Regulation 29(2) and Insider Trading Regulation 7(2). His holding decreased from 29,15,000 shares (29.09%) to 28,15,000 shares (28.09%). The transaction was carried out pursuant to a Share Purchase Agreement (SPA) dated April 9, 2025, with the intimation dated March 9, 2026. The equity share capital of the company remains unchanged at Rs. 10.02 crore divided into 1,00,20,000 equity shares of Rs 10 each.

Likely market impact

This is a modest 1% reduction in the promoter's stake, which retail investors should track as promoter selling can sometimes signal reduced confidence. However, since the sale is via a pre-existing SPA from April 2025, it appears to be a planned, negotiated transaction rather than an open-market exit, which may limit any negative price impact.