Disclosure under regulation 30 of the Listing Regulations.
JAGRAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jagran Prakashan has provided an update on two company petitions pending before the National Company Law Tribunal (NCLT) Allahabad Bench. The first petition (C.P. No. 64 of 2023) involves family members in a dispute and was heard on May 4 and May 6, 2026. Arguments from Respondent No. 12 were concluded, and arguments from Respondent Nos. 3, 9, and 10 will begin on May 13, 2026. The second petition (C.P. No. 57 of 2025) involving Shailendra Mohan Gupta and others versus Jagran Media Network Investment Private Limited was also heard and similarly adjourned to May 13, 2026. Both petitions relate to allegations of oppression and mismanagement under Sections 241/242/244 of the Companies Act, 2013. No final decision has been reached yet.
The ongoing NCLT proceedings indicate continued internal family/business disputes that could potentially impact the company's governance and shareholder structure. No immediate financial impact, but the unresolved disputes carry some governance risk for investors.