Jagran Prakashan NCLT Litigation Update: Both Company Petitions Adjourned to 13th May, 2026
Jagran Prakashan Limited disclosed under SEBI Regulation 30 that two company petitions before the NCLT Allahabad Bench, Prayagraj—C.P. No. 64 of 2023 and C.P. No. 57 of 2025—have been adjourned to 13th May, 2026 at 3:00 p.m. following hearings on 4th and 6th May, 2026, with arguments by Respondent Nos. 3, 9, and 10 scheduled to commence on that date.

*this image is generated using AI for illustrative purposes only.
Jagran Prakashan Limited has filed a disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing stock exchanges of the latest developments in two company petitions pending before the National Company Law Tribunal (NCLT), Allahabad Bench, Prayagraj. The disclosure, dated 8th May, 2026, is in furtherance of earlier disclosures made on 30th April, 2026 under Regulations 30(3) and 30(4) read with Para B, Part A of Schedule III of the SEBI (LODR) Regulations, 2015.
Overview of the Pending Company Petitions
Two separate company petitions are currently being heard by the Hon'ble Division Bench of the NCLT, Allahabad Bench, Prayagraj, both filed under Sections 241, 242, and 244 of the Companies Act, 2013. The key details of these matters are summarised below:
| Parameter: | C.P. No. 64 of 2023 | C.P. No. 57 of 2025 |
|---|---|---|
| Case Title: | Mahendra Mohan Gupta and Ors. v. Devendra Mohan Gupta and Ors. | Shailendra Mohan Gupta and Ors. v. Jagran Media Network Investment Private Limited and Ors. |
| Sections Invoked: | 241/242 & 244 of Companies Act, 2013 | 241/242 & 244 of Companies Act, 2013 |
| Bench: | NCLT Allahabad Bench, Prayagraj | NCLT Allahabad Bench, Prayagraj |
| Next Hearing Date: | 13th May, 2026 at 3:00 p.m. | 13th May, 2026 at 3:00 p.m. |
Hearing Proceedings on 4th May and 6th May, 2026
Both matters were listed before the Hon'ble Bench on 4th May, 2026 and 6th May, 2026. In C.P. No. 64 of 2023, the Bench heard arguments advanced by Respondent No. 12, represented by Dr. U.K. Chaudhary, Senior Advocate. On 4th May, 2026, Dr. Chaudhary's arguments were noted as ongoing, with further submissions scheduled for 6th May, 2026 at 12:30 p.m. By 6th May, 2026, Dr. Chaudhary had concluded his arguments on behalf of Respondent No. 12.
Following the conclusion of Respondent No. 12's arguments, the Bench directed that arguments on behalf of Respondent Nos. 3, 9, and 10 in C.P. No. 64 of 2023—represented by Sh. Jayant Mehta, Senior Advocate—shall commence on 13th May, 2026 at 3:00 p.m. The main company petition and all associated company applications have accordingly been adjourned to that date.
Status of C.P. No. 57 of 2025
In the matter of C.P. No. 57 of 2025, the NCLT Bench on 4th May, 2026 re-notified the matter for hearing on 6th May, 2026 at 12:30 p.m. Subsequently, on 6th May, 2026, at the request of the learned counsels representing the parties, the matter was adjourned for further hearing on 13th May, 2026 at 3:00 p.m.
Next Steps and Disclosure Commitment
Jagran Prakashan Limited has stated that the next disclosure or update will be provided only when there is a material development in the proceedings. The relevant information, along with copies of the orders dated 4th May, 2026 and 6th May, 2026, has been annexed to the filing. The said information will also be uploaded on the corporate website of the company at www.jplcorp.in , as well as on the websites of the National Stock Exchange of India Limited and BSE Limited. The disclosure has been signed by Amit Jaiswal, Chief Financial Officer and Company Secretary of Jagran Prakashan Limited.
Historical Stock Returns for Jagran Prakashan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.58% | +2.00% | +3.71% | -4.51% | -4.46% | +24.96% |
How might an adverse ruling in the NCLT petitions under Sections 241/242 affect Jagran Prakashan's management structure and operational control?
Could the ongoing family dispute among the Gupta promoters trigger a change in shareholding pattern or prompt a potential takeover bid for Jagran Prakashan?
What financial or reputational risks could Jagran Prakashan face if the NCLT orders interim relief measures such as management changes or asset freezes during the proceedings?


































