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Jupiter Infomedia LtdInsider Trading, 01-01-1970: Insider Trading / SAST

01-01-1970 | 12:00 am

Arix Capital Limited, a promoter group entity of Jupiter Infomedia, has significantly increased its stake in the company. Through a Share Purchase Agreement, Arix Capital acquired 1,400,000 shares, boosting its holding by 13.97%. This transaction raised the promoter group's total ownership from 18.76% (1,880,000 shares) to 32.73% (3,280,000 shares). The company's equity share capital remains at 10.02 Cr, divided into 1,00,20,000 shares. This increased promoter holding often signals strong confidence in the company's future prospects.

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