The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Umesh Modi
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.2 pts more than Nifty Microcap 250 and 7.7 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.
Minute windows have no benchmark: there is no intraday index history to compare against.
Umesh Vasantlal Modi, the Promoter and Managing Director of Jupiter Infomedia Limited, has sold 4,00,000 equity shares (3.99% of the company's share capital) through the open market on 24 March 2026. This reduced his stake in the company from 18,27,872 shares (18.24%) to 14,27,872 shares (14.25%). The company has an equity share capital of Rs. 10.02 crore divided into 1,00,20,000 equity shares of Rs. 10 each, which remains unchanged after the transaction. The disclosure has been made under SEBI (SAST) Regulations 2011 and Insider Trading Regulations 2015.
A promoter-level open market sale of nearly 4% in a single day is a meaningful divestment and may be viewed negatively by retail investors, as it reduces the promoter's skin in the game. The stock could see short-term pressure due to perception of insider exit, though long-term impact depends on the price action and any further disclosures.