Jagran Prakashan Limited (JAGRAN) — Board Meeting

📢 Key Event
NCLAT stays implementation of director removal resolutions pending NCLT petition outcome

🔄 What Changed
Implementation of eight director removal resolutions kept in abeyance by NCLAT order

🔮 What's Next
NCLAT has directed that resolutions remain suspended until outcome of Company Petition No. 64 of 2023 is determined

💡 Investor Takeaway
Shareholders approved director removals but legal stay prevents immediate changes, creating uncertainty around board restructuring

Jagran Prakashan Limited held an Extra-Ordinary General Meeting on May 29, 2026, to consider the removal of seven directors, including both special and ordinary resolutions. However, the National Company Law Appellate Tribunal ordered that all resolutions be kept in abeyance pending the outcome of Company Petition No. 64 of 2023 before the National Company Law Tribunal, Allahabad. The voting results showed majority support for each resolution, but implementation remains suspended due to the NCLAT directive. The company submitted supporting documents including voting results, scrutinizer report, NCLAT order, and board resolution for regulatory records.

📄 View Original Announcement (PDF)

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