Jupiter Infomedia moves from BSE SME platform to mainboard

Jupiter Infomedia, an internet company providing online business directory, encyclopedia and yellowpages, has migrated its listing from the BSE SME platform to the mainboard exchange.
It has become the first internet company to migrate from the SME platform to the BSE mainboard.
In a statement, the company said the equity shares of Jupiter Infomedia with effect from June 3 have migrated and admitted to dealings on the BSE mainboard platform in the B Group of shares.
Among other properties, it owns online business directory JimTrade.Com, encyclopedia website IndaNetzone.Co and JimYellowpages.Com.
"Jupiter Infomedia is a unique internet company with a consistent profitability and dividend track record since inception. Shifting to BSE main board 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," the company's chairman and managing director Umesh Modi said.