Jagran Prakashan Limited has corrected a clerical error in its previous announcement to confirm that the interim dividend declared for the financial year ended March 31, 2026, is ₹10 per equity share. The company clarified that the amount was previously misstated in words as "Nine" instead of "Ten." The dividend includes a special dividend of ₹3 per share, amounting to 500% of the face value of ₹2 per equity share. The record date for the dividend is June 5, 2026.

The Board of Directors approved the interim dividend at its meeting held on May 28, 2026. Amit Jaiswal, Chief Financial Officer, Compliance Officer and Company Secretary, signed the clarification addressed to the stock exchanges. The company stated that the updated information would be uploaded on its corporate website and the websites of BSE Limited and National Stock Exchange of India Limited.

Consolidated Financial Performance

Jagran Prakashan reported a consolidated net profit of ₹184.93 crore for FY26, a 96.9% increase from ₹93.93 crore in the previous year. This growth was driven by a significant reduction in impairment losses, which fell to ₹35.64 crore from ₹130.35 crore in FY25, and lower finance costs. Total consolidated operating revenue for FY26 stood at ₹1,876.22 crore, slightly lower than ₹1,888.13 crore in FY25. Profit Before Tax (PBT) improved to ₹267.11 crore from ₹136.61 crore in the previous year.

In Q4FY26, the company reported a consolidated net profit of ₹6.06 crore compared to a net loss of ₹51.46 crore in the same quarter of the previous year. Operating profit for Q4FY26 rose 30% year-on-year to ₹83.46 crore.

Segment Performance

The group operates through three main segments: printing, publishing and digital; FM radio business; and others. The printing, publishing and digital segment reported a profit of ₹222.37 crore for FY26, while the FM radio business reported a segment loss of ₹57.69 crore. The group recognised an impairment loss of ₹39.76 crore for the radio cash-generating unit during the year. Advertisement revenue grew by 3% in FY26 to ₹1,288.22 crore. The outdoor and event business registered strong growth in operating revenue of 11% on a year-on-year basis.

[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.