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Jupiter Infomedia Ltd. – the 1st Internet Company to migrate from BSE SME to BSE mainboard platform

Consistently profit-making and dividend declaring Company now welcomes retail investors to take part in its growth story 

Mumbai, June 3, 2015: Jupiter Infomedia Limited, India’s leading web infomedia company with online publication on Business, Encyclopedia & Yellowpages has earned the distinction of being the first Internet Company to successfully migrate from BSE SME platform to Mainboard Platform, BSE Limited. 
Trading Members of the Bombay Stock Exchange are hereby informed that effective from Wednesday, June 03, 2015, the equity shares of Jupiter Infomedia Limited (JUPITERIN), which are already listed under BSE SME Platform, will now be migrated & admitted to dealings on the BSE Mainboard Platform in the list of B Group.

Mr. Umesh Modi, Chairman & Managing Director, Jupiter Infomedia Limited, said, “Jupiter Infomedia is a unique Internet Company with a consistent profitability and dividend track record since inception. Shifting to the BSE Mainboard Platform is a wonderful opportunity for retail investors to participate in our growth story. Jupiter Infomedia has 15 lakh plus webpages and a registered subscriber base of 10 lakh plus. Now starts phase two of our business evolution.”  
 
“Till now, we have focussed on content creation and soon we shall look forward to monetise existing web assets such as JimTrade, IndiaNetzone and JimYellowpages. Going forward, we intend to develop world class, globally relevant & large scale content in each domain and be profitable even during development stage. We wish to develop more verticals to tap the opportunities in online and e-commerce space in India,” added Mr. Modi.
Jupiter Infomedia Ltd. has developed the complete software for management of content through a specialised inhouse team and resources. The cost of building such sophisticated and robust infrastructure is zero in the Balance Sheet. The content and allied infrastructure is managed by competent team of only 21 people. The Company had a public issue in the year of 2012 and subsequently issued 1:1 bonus shares in the year of 2014. Being profitable, it has been giving dividends in each year since incorporation without any commercial marketing activity. The Board of Directors of the Company at its meeting held on May 15, 2015, inter alia, has recommended payment of dividend for the financial year ended March 31, 2015 at the rate of 1% i.e. Rs. 0.10 per share, subject to the approval of members at the ensuing Annual General Meeting.

The Company operates three verticals…
1)    JimTrade.com – India’s largest online business directory
JimTrade.com has 4 lakh + Product Profiles in 20,000+ Product Categories. It has a subscriber / buyer base of 10,00,000+. It participates in 50+ trade shows in India every year.
2)    IndiaNetzone.com – Largest Encyclopaedia on India
IndiaNetzone.com is the largest Encyclopedia on India with thousands of research articles - 40,000+ research articles on India with copyrights owned by Jupiter Infomedia Limited. It has base of thousands of daily visitor base. Its content has been featured in many of the international websites. It has a subscriber base of 1,00,000+ for its newsletter. IndiaNetzone.com is ready with huge content & subscriber base.
3)    JimYellowpages.com – A portal under development to be YellowPages for each city & town of India

JimYellowpages is the Yellowpages of India with lakhs of Business Listings. It is still in the development stage but 100+ cities have already been featured. It aims to include every city & town of India. 

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