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
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Jagran Prakashan Limited has filed an application before the appropriate authority in an ongoing matter titled 'Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors., C.P. No. 64 of 2023'. The application is in furtherance to its earlier disclosure dated 12th February 2026 regarding a Special Notice and requisition to convene an extraordinary general meeting (EGM) proposing the removal of 7 independent directors and one whole-time director. The company has sought reliefs to restrain the requisitioning shareholder from proceeding with the director removals or holding the EGM. This is a corporate/family-level governance dispute, and the company will provide further updates as the matter progresses.
This is an internal boardroom/family dispute that creates governance uncertainty for Jagran Prakashan. Shareholders should watch for further updates on the EGM and director removal proceedings, as the outcome could affect board composition and management stability.