Jagran Prakashan NCLT Litigation Update: Both Petitions Adjourned to 1st June, 2026
Jagran Prakashan Limited filed a Regulation 30 disclosure on 14th May, 2026, updating stock exchanges on two NCLT Allahabad Bench company petitions. Both C.P. No. 64 of 2023 and C.P. No. 57 of 2025 were heard on 13th May, 2026, and have been re-notified for further hearing on 1st June, 2026 at 12:00 p.m., with arguments on behalf of Respondent Nos. 3, 9, and 10 set to continue in C.P. No. 64 of 2023.

*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 14th May, 2026, is in furtherance of earlier disclosures made on 8th May, 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 |
| Previous Hearing Date: | 13th May, 2026 | 13th May, 2026 |
| Next Hearing Date: | 1st June, 2026 at 12:00 p.m. | 1st June, 2026 at 12:00 p.m. |
Hearing Proceedings on 13th May, 2026
Both matters were listed before the Hon'ble Bench on 13th May, 2026. In C.P. No. 64 of 2023, the Bench heard arguments advanced by Sh. Jayant Mehta, Senior Advocate, representing Respondent Nos. 3, 9, and 10. Following the commencement of his arguments, the Bench re-notified the matter for further arguments on behalf of Respondent Nos. 3, 9, and 10 to continue on 1st June, 2026 at 12:00 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, at the request of the learned counsels representing the parties, the NCLT Bench re-notified the matter for further hearing on 1st June, 2026 at 12:00 p.m. Copies of the orders dated 13th May, 2026 have been annexed to the filing.
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 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 |
|---|---|---|---|---|---|
| +6.97% | +10.78% | +13.55% | +7.18% | -6.35% | +29.19% |
How might a ruling in favor of the petitioners in C.P. No. 64 of 2023 impact the ownership structure and management control of Jagran Prakashan Limited?
Could the ongoing family dispute at the promoter level trigger any regulatory scrutiny or governance concerns that might affect Jagran Prakashan's stock performance or credit ratings?
If the NCLT rules on oppression or mismanagement under Sections 241/242, what potential remedies could be ordered and how would they affect minority shareholders of Jagran Prakashan?


































