Jagran Prakashan Limited has informed the Exchange about disclosure under Regulation 30 of the Securities and Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015
JAGRAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.7 pts more than Nifty Microcap 250 and 6.3 pts more than its Print Media peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Jagran Prakashan Limited has received a Notice of Demand from the Income Tax Department for Assessment Year 2024-25 for Rs. 1.20 crore (Rs. 1,19,60,720) under Section 156 of the Income Tax Act, along with a Notice for Penalty Proceedings under Section 274 read with Section 270A. The order was issued on March 24, 2026, and the company says there is no material impact on its financials, operations, or other activities. The company plans to file an appeal before the National Faceless Appeal Centre (NFAC) within the prescribed timeline and will also respond to the penalty notice.
The demand of Rs. 1.20 crore is small relative to the company's size and management has stated it is not material. Shareholders are unlikely to see a meaningful stock reaction, though the outcome of the appeal and penalty proceedings will be worth tracking.