Jagran Prakashan Ltd
Jagran Prakashan EGM on Director Removal Deferred Until 2026 ⚖️📅
• NCLT Allahabad deferred an EGM requisitioned by holding company JMNIPL (67.97% shareholder)
• The EGM sought removal of 7 Independent Directors and 1 Whole-Time Director
• Meeting postponed until March 19, 2026 pending further hearings
• Dispute involves voting rights and authorization issues regarding director appointments
• NCLT emphasized protecting interests of approximately 67,000 minority shareholders (holding 31-32% of shares)
• No immediate action will be taken on director removals during this period