Annual Secretarial Compliance Report for the year ended March 31, 2025 pursuant to Regulation 24A of the Listing Regulations
JAGRAN · price
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Jagran Prakashan Ltd submitted its Annual Secretarial Compliance Report for FY25, as required under SEBI Regulation 24A, issued by Adesh Tandon & Associates. The report confirms overall compliance with SEBI regulations, including listing rules, insider trading norms, related party transaction approvals, and timely disclosures. No SEBI or stock exchange actions were taken against the company during the year. A key new observation notes a vacancy in the Managing Director position since September 30, 2023, with no replacement appointed due to ongoing inter-se promoter group disputes pending before NCLT Allahabad. Previous-year observations about the audit committee and stakeholder relationship committee chairpersons' AGM absence (cited as health and pre-occupation reasons) were carried forward with no remedial action deemed necessary.
Routine compliance filing with no material penalties, but investors should note the unresolved Managing Director vacancy linked to ongoing promoter family disputes, which could affect corporate governance and strategic decision-making clarity.