Jagran Prakashan Limited has informed the Exchange about General Updates
JAGRAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jagran Prakashan has informed the exchanges about two pending company petitions at the NCLT Allahabad bench. The first, filed in 2023 by Mahendra Mohan Gupta & others against Devendra Mohan Gupta & others, and the second, filed in 2025 by Shailendra Mohan Gupta & others against Jagran Media Network Investment Pvt Ltd, both relate to alleged oppression and mismanagement under Sections 241, 242 and 244 of the Companies Act, 2013. On 16 April 2026, the bench did not take up the matters and re-notified them for the next hearing on 4 May 2026 at 12:00 p.m. The petitions appear to stem from an ongoing family dispute within the Gupta family that controls the company. No material ruling or order was passed at this hearing.
This is only a procedural update with no ruling or adverse order, so there is no immediate impact on shareholders. The underlying family dispute and NCLT proceedings remain a pending overhang on the stock and may create uncertainty until resolved.