Disclosure under Regulation 30 of the SEBI Listing Regulations.
JAGRAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jagran Prakashan Limited has filed a disclosure regarding ongoing NCLAT proceedings. Two company appeals were listed before the NCLAT - C.A. No. 189 of 2026 (filed by Jagran Prakashan Limited against Mahendra Mohan Gupta and others) and C.A. No. 187 of 2026 (filed by Jagran Media Network Investment Pvt Ltd). On May 25, 2026, C.A. No. 187 was withdrawn by the appellant. Extensive arguments were heard in C.A. No. 189, with the NCLAT bench indicating that orders in the matter would be passed. The proceedings appear to relate to an internal corporate dispute involving major shareholders. The company has committed to informing shareholders when there is a material development.
The unresolved NCLAT appeal represents ongoing legal uncertainty for the company. While one appeal was withdrawn, the main appeal involving JPL directly remains pending with the court set to pass orders. Shareholders should monitor for the upcoming NCLAT order as it could affect the company's governance and shareholder structure.