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

01-01-1970 | 12:00 am

Arix Capital Limited, part of the promoter group of Jupiter Infomedia Limited, has increased its stake in the company. The group acquired an additional 14,02,000 shares, which represents 13.99% of the company's total voting capital. Prior to this acquisition, the promoter group held 33.44% of the shares. Following the share purchase, their total holding in Jupiter Infomedia Limited now stands at 47,52,885 shares, constituting 47.43% of the company's equity. This significant increase in promoter shareholding underscores their conviction and strengthens their control over the company, potentially impacting future strategic decisions.

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