[Jagran Prakashan Limited](jagran prakashan) has circulated the written representations of Independent Directors proposed for removal from the Board. This action follows a special notice and complies with Section 169(4) of the Companies Act, 2013. The representations were sent to members ahead of the Extra-Ordinary General Meeting (EGM) scheduled for May 29, 2026.

The Independent Directors, including Ms. Divya Karani, Mr. Shailendra Swarup, and Ms. Anita Nayyar, submitted their collective representation on May 11, 2026. They clarified that the proposal stems from voting and control-related disputes among certain promoter group members. These disputes are subject to proceedings before the National Company Law Tribunal (NCLT), Allahabad, specifically C.P. No. 64 of 2023 and C.P. No. 57 of 2025.

Board Composition and Governance

The directors emphasized the proposed removal does not relate to any act, omission, or decision taken in their capacity as directors. They asserted there are no specific allegations regarding performance, conduct, or integrity. Many Independent Directors have served since 2018-2019. The notice also concerns the removal of Mr. Satish Chandra Mishra, Whole-time Director, associated since 1986.

Key Details of the EGM

The EGM addresses the special notice regarding the removal of directors. The Independent Directors urged members to consider the broader implications, noting the removal of a substantial Board portion without misconduct allegations could affect investor confidence.

The document containing the representations is available on the company’s corporate website.

Jagran Prakashan has issued a formal board meeting intimation under Regulation 29, with the meeting scheduled for May 28, 2026. The intimation pertains to the consideration of the company's financial results for FY26.

Board Meeting Details

The key details of the scheduled board meeting are outlined below:

Regulatory Compliance

The intimation has been made in accordance with the applicable regulatory framework governing listed entities. Regulation 29 mandates that companies provide advance notice to stock exchanges prior to board meetings where financial results or other specified matters are to be considered. Jagran Prakashan's disclosure aligns with these compliance requirements.