Jagran Prakashan Limited has informed the Exchange regarding disclosure under Regulation 30 of the SEBI Listing Regulations
JAGRAN · price
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Jagran Prakashan Limited disclosed that the NCLT Allahabad passed an order on 23rd April 2026 (uploaded 29th April 2026) dismissing C.A. Nos. 4, 5 and 6 of 2026 and vacating a stay on convening an Extra-Ordinary General Meeting. Jagran Media Network Investment Private Limited (JMNIPL) has filed an appeal (C.A. (AT) No. 187 of 2026) before NCLAT seeking enforcement of a resolution dated 14th July 2023. Separately, JPL has also filed an appeal (C.A. (AT) No. 189 of 2026) challenging the NCLT order and seeking reliefs against the en masse removal of directors. Both appeals were listed before NCLAT Delhi on 14th May 2026, but the hearing was deferred at JMNIPL's request to file additional documents. Both matters are now listed for 22nd May 2026.
This represents an ongoing corporate governance dispute involving multiple legal appeals. The deferred hearing indicates the matter is still in early stages, and shareholders should monitor the next hearing date for material developments.