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 Ltd's Board, via a circular resolution dated 2 May 2026, has approved convening an Extra-Ordinary General Meeting on 29 May 2026 at 12:30 PM via video conferencing. The EGM will seek shareholder approval to remove seven Independent Directors and one Whole-time Director, Satish Chandra Mishra. The meeting was requisitioned by Jagran Media Network Investment Private Limited (JMNIPL). The proposal had been kept in abeyance due to interim directions from NCLT, but following dismissal of the applications and vacation of the interim order by NCLT (order dated 23 April 2026), the company is proceeding in compliance with applicable law under Sections 100 and 169 of the Companies Act, 2013.
This is a major boardroom change initiated by a major shareholder. The removal of seven independent directors and one whole-time director could significantly alter the company's governance structure and may impact investor sentiment, especially given the contested nature of the requisition.