NCLT Allahabad hearing update on Gupta family petitions, next date September 1

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Price reactionminutes from the announcement price · days from the prior close

+1.4%Reaction day

₹62.82

prior close

₹63.46

announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+1.6% vs market

Print Media peers, median of 5sector-0.7%+2.1% vs sector

On the reaction day the stock moved 1.6 pts more than Nifty Microcap 250 and 2.1 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.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

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Next day

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UpDownMarket · Nifty Microcap 250Sector · Print Media peers, median of 5Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Jagran Prakashan disclosed that two company petitions involving the Gupta family were heard at the NCLT Allahabad on August 6, 2026. In CP 64/2023 (Mahendra Mohan Gupta vs Devendra Mohan Gupta), Senior Counsel concluded arguments for Respondent No. 19. CP 57/2025 (Shailendra Mohan Gupta vs Jagran Media Network Investment) was adjourned at the request of counsels. Both matters are now listed for September 1, 2026 at 2:30 PM. These petitions are filed under Sections 241 and 242 of the Companies Act relating to oppression and mismanagement.

Likely market impact

Procedural update with no order passed. The case is part of an ongoing Gupta family dispute. Shareholders should watch for further developments on September 1.