Jagran Prakashan logo

Jagran Prakashan MD, chairman, board of directors and AGM

NSE: JAGRANBSE: 532705MediaSmall Cap

Last close ₹59.73down ₹0.50 (0.83%)BSE ₹59.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹60.23.

52-week range of traded prices to 23 Oct 2026
₹59.00Low, 23 Oct 2026₹78.90High, 3 Jun 2026
Market cap
₹1,300 Cr1,300th largest listed
P/E
6.9
P/B
0.6
Dividend yield
16.74%
ROE
9.5%
ROCE
8.0%
Debt to equity
0.02
Volume, NSE
2,39,36969.2% delivered

Jagran Prakashan board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonMAHENDRA MOHAN GUPTA
  • Company Secretary and Compliance OfficerAmit Jaiswal

18 directors9 independent6 executive3 non-executive

  • MAHENDRA MOHAN GUPTA · ChairpersonNon-executive · joined Jul 1975 · reappointed Oct 2023 · 1 listed board · 1 committee seat
  • DHIRENDRA MOHAN GUPTAExecutive · joined Jul 1975 · reappointed Oct 2021 · 1 listed board
  • SUNIL GUPTAExecutive · joined Oct 1993 · reappointed Oct 2021 · 1 listed board · 1 committee seat
  • SANJAY GUPTAExecutive · joined Jun 1993 · reappointed Oct 2021 · 1 listed board · 2 committee seats, 1 as chair
  • SANDEEP GUPTAExecutive · joined May 2022 · reappointed May 2022 · 1 listed board
  • SHAILESH GUPTAExecutive · joined Nov 1994 · reappointed Oct 2021 · 2 listed boards · 2 committee seats
  • SATISH CHANDRA MISHRAExecutive · joined Oct 2013 · reappointed Oct 2021 · 1 listed board
  • DEVENDRA MOHAN GUPTANon-executive · joined Sep 2008 · reappointed Oct 2021 · 1 listed board
  • SHAILENDRA MOHAN GUPTANon-executive · joined Sep 2008 · reappointed Sep 2025 · 1 listed board
  • ANITA NAYYARIndependent · joined Sep 2024 · 24 months as independent · 2 listed boards · 2 as independent · 2 committee seats
  • ARUN ANANTIndependent · joined Sep 2025 · 12 months as independent · 1 listed board · 1 as independent
  • DIVYA KARANIIndependent · joined Nov 2019 · reappointed Sep 2024 · 82 months as independent · 3 listed boards · 3 as independent · 1 committee seat, 1 as chair
  • HORMUSJI N. CAMAIndependent · joined Sep 2024 · 24 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • KEMISHA SONIIndependent · joined Sep 2024 · 24 months as independent · 3 listed boards · 3 as independent · 7 committee seats, 5 as chair
  • PRAMOD AGARWALIndependent · joined Sep 2024 · 24 months as independent · 1 listed board · 1 as independent
  • SHAALIN TANDONIndependent · joined Sep 2024 · 24 months as independent · 1 listed board · 1 as independent
  • SHAILENDRA SWARUPIndependent · joined Sep 2019 · reappointed Sep 2024 · 83 months as independent · 3 listed boards · 3 as independent · 6 committee seats, 2 as chair
  • TARUN SAWHNEYIndependent · joined Sep 2024 · 24 months as independent · 5 listed boards · 3 as independent · 9 committee seats, 1 as chair

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • VIKRAM SAKHUJA, left 19 Sep 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 12 Aug 202616 of 18 present8 independent · 75 days in between
    • 28 May 202617 of 18 present8 independent · 28 days in between
    • 29 Apr 202617 of 18 present9 independent

  • Audit Committee

    Chair KEMISHA SONI

    TARUN SAWHNEY, SHAILENDRA SWARUP, HORMUSJI N. CAMA

    • 12 Aug 20264 of 4 present4 independent · 75 days in between
    • 28 May 20263 of 4 present3 independent

  • Nomination and remuneration committee

    Chair HORMUSJI N. CAMA

    SHAILENDRA MOHAN GUPTA, TARUN SAWHNEY, SHAALIN TANDON, SHAILENDRA SWARUP

    • 21 Jul 20265 of 5 present5 independent · 53 days in between
    • 28 May 20264 of 5 present4 independent

  • Stakeholders Relationship Committee

    Chair DIVYA KARANI

    SANJAY GUPTA, SUNIL GUPTA

    • 12 Aug 20263 of 3 present3 independent · 75 days in between
    • 28 May 20263 of 3 present3 independent

  • Risk Management Committee

    Chair MAHENDRA MOHAN GUPTA

    SANJAY GUPTA, ANITA NAYYAR, SHAILESH GUPTA, SANDEEP GUPTA, AMIT JAISWAL, SARBANI BHATIA

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Price waterhouse chartered Accountants LLPPeer-review certificate valid to Nov 2026

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Jagran Prakashan AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Jagran Prakashan dividend history

Annual general meeting, 18 Sep 2026

83,163 shareholders on the register on 11 Sep 2026; present: 7 promoters and 41 others; votes counted by Mr. Adesh Tondon / Adesh Tandon and Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the: a) audited standalone financial statements of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon. b) audited consolidated financial statements of the Company for the financial year ended 31st March, 2026 and the report of Auditors thereon.MoreLess
    Ordinary
    99.69% for0.31% against

    Against: promoters 0.00% · institutions 4.27% · other public 0.32%

    Turnout: all 74.34% · promoters 99.72% · institutions 96.36% · other public 0.40%

  2. To appoint a Director in place of Mr. Dhirendra Mohan Gupta (DIN: 01057827), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    Special
    93.21% for6.79% against

    Against: promoters 0.00% · institutions 92.36% · other public 11.97%

    Turnout: all 74.34% · promoters 99.72% · institutions 96.64% · other public 0.31%

  3. To appoint a Director in place of Mr. Devendra Mohan Gupta (DIN: 00226837), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    Special
    93.21% for6.79% against

    Against: promoters 0.00% · institutions 92.36% · other public 11.97%

    Turnout: all 74.34% · promoters 99.72% · institutions 96.64% · other public 0.31%

  4. Re-appointment of Mr. Dhirendra Mohan Gupta (DIN:01057827) as Whole-time Director of the Company.
    Special
    93.87% for6.13% against

    Against: promoters 0.00% · institutions 83.42% · other public 11.67%

    Turnout: all 74.34% · promoters 99.72% · institutions 96.64% · other public 0.31%

  5. Re-appointment of Mr. Sunil Gupta (DIN- 00317228) as Whole-time Director of the Company.
    Special
    93.87% for6.13% against

    Against: promoters 0.00% · institutions 83.42% · other public 11.66%

    Turnout: all 74.34% · promoters 99.72% · institutions 96.64% · other public 0.31%

  6. Re-appointment of Mr. Sanjay Gupta (DIN- 00028734) as Whole-time Director of the Company.
    Special
    93.87% for6.13% against

    Against: promoters 0.00% · institutions 83.42% · other public 11.97%

    Turnout: all 74.34% · promoters 99.72% · institutions 96.64% · other public 0.31%

  7. Re-appointment of Mr. Shailesh Gupta (DIN- 00192466) as Whole-time Director of the Company.
    Special
    93.15% for6.85% against

    Against: promoters 0.78% · institutions 83.42% · other public 12.04%

    Turnout: all 74.33% · promoters 99.70% · institutions 96.64% · other public 0.31%

  8. Continuation of Mr. Mahendra Mohan Gupta (DIN- 00020451) as the Non-Executive Director of the Company, not liable to retire by rotation.
    Special
    94.69% for5.31% against

    Against: promoters 0.78% · institutions 62.41% · other public 12.04%

    Turnout: all 74.33% · promoters 99.70% · institutions 96.64% · other public 0.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 29 May 2026, 8 resolutions

73,563 shareholders on the register on 22 May 2026; present: 9 promoters and 33 others; votes counted by Mr. Adesh Tondon / Adesh Tandon and Associates.The company's voting result (opens in a new tab)

  1. SPECIAL - Removal of Ms. Divya Karani (DIN: 01829747) from the office of the director of JPL
    Special
    89.40% for10.60% against

    Against: promoters 0.42% · institutions 99.92% · other public 12.41%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  2. SPECIAL - Removal of Mr. Shailendra Swarup (DIN: 00167799) from the office of director of JPL.
    Special
    89.84% for10.16% against

    Against: promoters 0.42% · institutions 95.53% · other public 12.37%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  3. SPECIAL - Removal of Ms. Anita Nayyar (DIN: 03317861) from the office of director of JPL
    Special
    89.84% for10.16% against

    Against: promoters 0.42% · institutions 95.53% · other public 12.36%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  4. SPECIAL - Removal of Ms. Kemisha Soni (DIN: 06805708) from the office of director of JPL.
    Special
    89.40% for10.60% against

    Against: promoters 0.42% · institutions 99.92% · other public 12.39%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  5. SPECIAL - Removal of Mr. Pramod Agarwal (DIN: 00038838) from the office of director of JPL.
    Special
    89.40% for10.60% against

    Against: promoters 0.42% · institutions 99.92% · other public 12.41%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  6. SPECIAL - Removal of Mr. Shaalin Tandon (DIN: 01892562) from the office of director of JPL.
    Special
    89.84% for10.16% against

    Against: promoters 0.42% · institutions 95.53% · other public 12.37%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  7. SPECIAL - Removal of Mr. Arun Anant (DIN: 02427545) from the office of director of JPL
    Special
    89.40% for10.60% against

    Against: promoters 0.42% · institutions 99.92% · other public 12.41%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

  8. ORDINARY - Removal of Mr. Satish Chandra Mishra (DIN: 06643245) from the office of whole-time director of JPL.
    Ordinary
    89.40% for10.60% against

    Against: promoters 0.42% · institutions 99.92% · other public 12.35%

    Turnout: all 77.98% · promoters 99.72% · institutions 97.73% · other public 5.96%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 19 Sep 2025, 11 resolutions

67,246 shareholders on the register on 12 Sep 2025; present: 8 promoters and 46 others; votes counted by Mr. Adesh Tondon / Adesh Tandon and Associates.The company's voting result (opens in a new tab)

  1. To consider and adopt the: a) audited standalone financial statements of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon. b) audited consolidated financial statements of the Company for the financial year ended March 31, 2025 and the report of Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 78.27% · promoters 99.48% · institutions 94.59% · other public 0.12%

  2. To confirm the interim dividend of Rs. 6/- per equity share declared by the Board of Directors of the Company on May 24, 2025 and already paid to the eligible shareholders, as final dividend for the financial year 2024-25.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.38%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  3. To appoint a Director in place of Mr. Sandeep Gupta (DIN: 00038410), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    97.53% for2.47% against

    Against: promoters 0.00% · institutions 19.64% · other public 25.35%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  4. To appoint a Director in place of Mr. Satish Chandra Mishra (DIN: 06643245), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    Ordinary
    97.18% for2.82% against

    Against: promoters 0.40% · institutions 19.64% · other public 0.81%

    Turnout: all 78.45% · promoters 99.37% · institutions 97.03% · other public 0.12%

  5. Approval of continuation of holding of office by Mr. Shailendra Mohan Gupta (DIN: 00327249) as the Non-Executive Director of the Company.
    Special
    97.38% for2.62% against

    Against: promoters 0.00% · institutions 20.82% · other public 25.10%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  6. Appointment of Mr. Arun Anant (DIN: 02427545) as an Independent Director of the Company.
    Special
    99.61% for0.39% against

    Against: promoters 0.45% · institutions 0.00% · other public 0.81%

    Turnout: all 78.45% · promoters 99.37% · institutions 97.03% · other public 0.12%

  7. Re-appointment of Mr. Sameer Gupta as Executive President (Accounts) of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.35%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  8. Re-appointment of Mr. Devesh Gupta as Executive President (Product Sales and Marketing) of the Company.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.74%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  9. Re-appointment of Mr. Tarun Gupta as Executive President (Commercial) of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.35%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  10. Revision in the remuneration of Mr. Sandeep Gupta, Whole-time Director of the Company.
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 25.74%

    Turnout: all 78.52% · promoters 99.48% · institutions 97.03% · other public 0.12%

  11. Appointment of Adesh Tandon & Associates, Company Secretaries as Secretarial Auditors of the Company.
    Ordinary
    99.71% for0.29% against

    Against: promoters 0.34% · institutions 0.00% · other public 0.81%

    Turnout: all 78.51% · promoters 99.48% · institutions 96.88% · other public 0.12%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Sep 2024, 14 resolutions

Present: 9 promoters and 43 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the:na) audited standalone financial statements of the Company for the financial year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon.nb) audited consolidated financial statements of the Company for the financial year ended March 31, 2024 and the report of Auditors thereon.nMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.75%

    Turnout: all 80.01% · promoters 100.00% · institutions 91.25% · other public 0.83%

  2. To declare final dividend of Rs.5/- per equity share of face value of Rs 2/- each for the financial year ended March 31, 2024
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.69%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  3. To appoint a Director in place of Mr. Shailendra Mohan Gupta (DIN: 00327249), who retires by rotation offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    97.84% for2.16% against

    Against: promoters 0.00% · institutions 15.52% · other public 6.87%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  4. To appoint a Director in place of Mr. Sunil Gupta (DIN: 00317228), who retires by rotation, offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    97.88% for2.12% against

    Against: promoters 0.00% · institutions 15.24% · other public 6.87%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  5. Approval of continuation of holding of office by Mr. Devendra Mohan Gupta (DIN- 00226837) as the Non-Executive Director of the Company
    SpecialPromoters have an interest in it
    97.87% for2.13% against

    Against: promoters 0.00% · institutions 15.29% · other public 10.93%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  6. Re-appointment of Ms. Divya Karani (DIN- 01829747) as an Independent Director of the Company
    Special
    96.96% for3.04% against

    Against: promoters 1.07% · institutions 15.29% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  7. Re-appointment of Mr. Shailendra Swarup (DIN-00167799) as an Independent Director of the Company
    Special
    99.02% for0.98% against

    Against: promoters 1.07% · institutions 0.41% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  8. Re-appointment of Mr. Satish Chandra Mishra (DIN-06643245) as a Whole-time Director of the Company
    Ordinary
    98.89% for1.11% against

    Against: promoters 1.07% · institutions 1.31% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  9. Appointment of Ms. Anita Nayyar (DIN- 03317861) as an Independent Director of the Company
    Special
    85.67% for14.33% against

    Against: promoters 1.07% · institutions 97.07% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  10. Appointment of Mr. Hormusji N. Cama (DIN- 00109337) as an Independent Director of the Company
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.41% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  11. Appointment of Ms. Kemisha Soni (DIN- 06805708) as an Independent Director of the Company
    Special
    99.02% for0.98% against

    Against: promoters 1.07% · institutions 0.41% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  12. Appointment of Mr. Pramod Agarwal (DIN- 00038838) as an Independent Director of the Company
    Special
    99.02% for0.98% against

    Against: promoters 1.07% · institutions 0.41% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  13. Appointment of Mr. Shaalin Tandon (DIN- 01892562) as an Independent Director of the Company
    Special
    99.02% for0.98% against

    Against: promoters 1.07% · institutions 0.41% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

  14. Appointment of Mr. Tarun Sawhney (DIN- 00382878) as an Independent Director of the Company
    Special
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 2.01% · other public 1.21%

    Turnout: all 80.24% · promoters 100.00% · institutions 93.20% · other public 0.83%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 25 Aug 2023, 5 resolutions

Present: 12 promoters and 45 others.The company's voting result (opens in a new tab)

  1. To consider and adopt the: a) audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon. b) audited consolidated financial statements of the Company for the financial year ended March 31, 2023 and the report of Auditors thereon.MoreLess
    Ordinary
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.71% · other public 0.00%

    Turnout: all 81.78% · promoters 100.00% · institutions 79.64% · other public 7.88%

  2. To confirm the interim dividend of Rs. 4/- per equity share, already paid to the eligible shareholders, as final dividend for the financial year 2022-23.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 82.02% · promoters 100.00% · institutions 81.26% · other public 7.88%

  3. To appoint a Director in place of Mr. Devendra Mohan Gupta (DIN: 00226837), who retires by rotation offers himself for re-appointment.
    Ordinary
    82.95% for17.05% against

    Against: promoters 0.00% · institutions 19.95% · other public 0.68%

    Turnout: all 13.76% · promoters 1.07% · institutions 81.26% · other public 7.88%

  4. To appoint a Director in place of Mr. Dhirendra Mohan Gupta (DIN: 01057827), who retires by rotation, offers himself for re-appointment.
    Special
    83.55% for16.45% against

    Against: promoters 0.00% · institutions 19.25% · other public 0.68%

    Turnout: all 13.76% · promoters 1.07% · institutions 81.26% · other public 7.88%

  5. Appointment of Mr. Shailesh Gupta (DIN: 00192466), Whole-time Director as the Managing Director of the Company.
    Special
    7.90% for92.10% against

    Against: promoters 100.00% · institutions 91.25% · other public 95.33%

    Turnout: all 13.72% · promoters 1.07% · institutions 81.26% · other public 7.65%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 17 Dec 2022, 1 resolution

The company's voting result (opens in a new tab)

  1. Approval for Buyback of Equity Shares of Jagran Prakashan Limited
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.87%

    Turnout: all 84.29% · promoters 99.74% · institutions 91.13% · other public 14.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 29 Aug 2022, 7 resolutions

Present: 8 promoters and 42 others.The company's voting result (opens in a new tab)

  1. Consideration and adoption of Standalone and Consolidated Audited Balance Sheet as at March 31, 2022 and the Statement of Profit and Loss for the year ended on that date together with the Reports of Board of Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 82.33% · promoters 99.90% · institutions 90.16% · other public 4.29%

  2. Re-appointment of Mr. Sunil Gupta (DIN- 00317228), as Director of the Company, liable to retire by rotation.
    Ordinary
    97.46% for2.54% against

    Against: promoters 0.00% · institutions 16.84% · other public 0.01%

    Turnout: all 82.47% · promoters 99.85% · institutions 91.51% · other public 4.28%

  3. Re-appointment of Mr. Satish Chandra Mishra (DIN- 06643245), as Director of the Company, liable to retire by rotation.
    Ordinary
    98.05% for1.95% against

    Against: promoters 0.00% · institutions 12.93% · other public 0.01%

    Turnout: all 82.51% · promoters 99.90% · institutions 91.51% · other public 4.28%

  4. Appointment of Price Waterhouse Chartered Accountants LLP as the Statutory Auditors of the Company for a period of five (5) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of the 51st Annual General Meeting to be held in the calendar year 2027 and fixing their remuneration.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 82.51% · promoters 99.90% · institutions 91.51% · other public 4.28%

  5. Appointment of Mr. Sandeep Gupta (DIN- 00038410) as a Director liable to retire by rotation.
    Ordinary
    97.46% for2.54% against

    Against: promoters 0.00% · institutions 16.84% · other public 0.01%

    Turnout: all 82.51% · promoters 99.90% · institutions 91.51% · other public 4.28%

  6. Appointment of Mr. Sandeep Gupta (DIN- 00038410) as the Whole-time Director of the Company for a period of five (5) years w.e.f. May 30, 2022.
    Special
    97.56% for2.44% against

    Against: promoters 0.00% · institutions 16.18% · other public 0.01%

    Turnout: all 82.51% · promoters 99.90% · institutions 91.51% · other public 4.28%

  7. Re-appointment of Mr. Satish Chandra Mishra (DIN: 06643245) as a Whole-time Director of the Company for a further period of three (3) years w.e.f. January 1, 2022.
    Ordinary
    98.14% for1.86% against

    Against: promoters 0.00% · institutions 12.27% · other public 0.99%

    Turnout: all 82.51% · promoters 99.90% · institutions 91.51% · other public 4.28%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Sep 2021, 8 resolutions

Present: 17 promoters and 38 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Standalone and Consolidated Audited Balance Sheet as at 31st March, 2021 and the Statement of Profit and Loss for the year ended on that date together with the Reports of Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.13% · other public 0.54%

    Turnout: all 83.76% · promoters 100.00% · institutions 92.21% · other public 6.90%

  2. To appoint a Director in place of Mr. Dhirendra Mohan Gupta (DIN- 01057827), who retires by rotation, and being eligible, offers himself for re-appointment.
    Special
    98.39% for1.61% against

    Against: promoters 0.00% · institutions 10.00% · other public 1.14%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

  3. To appoint a Director in place of Mr. Shailendra Mohan Gupta (DIN- 00327249), who retires by rotation, and being eligible, offers himself for re-appointment.
    Ordinary
    98.02% for1.98% against

    Against: promoters 0.00% · institutions 12.32% · other public 1.14%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

  4. Re-appointment of Mr. Mahendra Mohan Gupta (DIN- 00020451) as the Chairman and Managing Director of the Company.
    Special
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 2.72% · other public 1.14%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

  5. Re-appointment of Mr. Sanjay Gupta (DIN- 00028734) as Whole-time Director of the Company.
    Special
    99.55% for0.45% against

    Against: promoters 0.00% · institutions 2.72% · other public 1.15%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

  6. Re-appointment of Mr. Dhirendra Mohan Gupta (DIN-01057827) as Whole-time Director of the Company.
    Special
    98.48% for1.52% against

    Against: promoters 0.00% · institutions 9.44% · other public 1.14%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

  7. Re-appointment of Mr. Sunil Gupta (DIN- 00317228) as Whole-time Director of the Company.
    Special
    98.48% for1.52% against

    Against: promoters 0.00% · institutions 9.44% · other public 1.15%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

  8. Re-appointment of Mr. Shailesh Gupta (DIN- 00192466) as Whole-time Director of the Company.
    Special
    98.04% for1.96% against

    Against: promoters 0.00% · institutions 12.16% · other public 1.15%

    Turnout: all 83.94% · promoters 100.00% · institutions 93.49% · other public 6.90%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 18 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To consider and adopt the: a) audited standalone financial statements of the Company for the financial year ended 31st March, 2026 and the reports of the Board of Directors and Auditors thereon. b) audited consolidated financial statements of the Company for the financial year ended 31st March, 2026 and the report of Auditors thereon.MoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Dhirendra Mohan Gupta (DIN: 01057827), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Devendra Mohan Gupta (DIN: 00226837), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    1 for0 against
  • Re-appointment of Mr. Dhirendra Mohan Gupta (DIN:01057827) as Whole-time Director of the Company.
    1 for0 against
  • Re-appointment of Mr. Sunil Gupta (DIN- 00317228) as Whole-time Director of the Company.
    1 for0 against
  • Re-appointment of Mr. Sanjay Gupta (DIN- 00028734) as Whole-time Director of the Company.
    1 for0 against
  • Re-appointment of Mr. Shailesh Gupta (DIN- 00192466) as Whole-time Director of the Company.
    1 for0 against
  • Continuation of Mr. Mahendra Mohan Gupta (DIN- 00020451) as the Non-Executive Director of the Company, not liable to retire by rotation.
    1 for0 against

Mutual fund votes, meeting of 29 May 2026, 2 fund houses

  • SPECIAL - Removal of Ms. Divya Karani (DIN: 01829747) from the office of the director of JPL
    Against HDFC Mutual Fund, ICICI Prudential Mutual Fund
    • HDFC Mutual FundMs. Divya Karani, 60, has served as an Independent Director on Jagran Prakashan Limited’s (JPL) board since 13 November 2019. She was the CEO of Dentsu Advertising and Media Services India Private Limited till March 2023. Ms. Divya Karani has three decades of global experience in media and marketing. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Ms. Divya Karani’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    • ICICI Prudential Mutual FundThe AMC has decided to vote against the resolution as no governance concern identified.
    0 for2 against
  • SPECIAL - Removal of Mr. Shailendra Swarup (DIN: 00167799) from the office of director of JPL.
    Against HDFC Mutual Fund
    • HDFC Mutual FundShailendra Swarup, 81, has served as an Independent Director since 27 September 2019. He is a corporate lawyer and a Senior Advocate practicing at the High Court and Supreme Court of India for about 57 years. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Shailendra Swarup’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    1 for1 against
  • SPECIAL - Removal of Ms. Anita Nayyar (DIN: 03317861) from the office of director of JPL
    Against HDFC Mutual Fund
    • HDFC Mutual FundMs. Anita Nayyar, 64, was on the board of Jagran Prakashan Limited from July 2014 to September 2019 and joined the board of Music Broadcast Limited, a subsidiary, with effect from January 2020 and was reappointed on the board from 24 September 2024. Her aggregate tenure on the board is more than ten years. We do not support her being classified as an Independent Director on account of her extended tenure with the group. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Ms. Anita Nayyar’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    1 for1 against
  • SPECIAL - Removal of Ms. Kemisha Soni (DIN: 06805708) from the office of director of JPL.
    Against HDFC Mutual Fund, ICICI Prudential Mutual Fund
    • HDFC Mutual FundMs. Kemisha Soni, 55, has served as an Independent Director on JPL’s board since September 2024. She is the Managing Partner at GDK & Associates, Chartered Accountants. She has 25 years of experience in Accounting, Audit Taxation, Forensic Auditing, CSR consulting, Risk Management Audit, Internal Audit and Management Audit. She is also a qualified legal professional and has acted as Regional Arbitrator at BSE and NSE. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Ms. Kemisha Soni’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    • ICICI Prudential Mutual FundThe AMC has decided to vote against the resolution as no governance concern identified.
    0 for2 against
  • SPECIAL - Removal of Mr. Pramod Agarwal (DIN: 00038838) from the office of director of JPL.
    Against HDFC Mutual Fund, ICICI Prudential Mutual Fund
    • HDFC Mutual FundPramod Agarwal, 71, has served as an Independent Director on JPL’s board since September 2024. He is the Chairperson and Managing Director of Raama Paper Mills Limited (RPML), While he was at the helm, the NCLT initiated the Corporate Insolvency Resolution Process against RPML. The powers of the board of directors of RPML are suspended and the same are being exercised by the resolution professional. He is associated with one business failure and our threshold is two. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Pramod Agarwal’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    • ICICI Prudential Mutual FundThe AMC has decided to vote against the resolution as no governance concern identified.
    0 for2 against
  • SPECIAL - Removal of Mr. Shaalin Tandon (DIN: 01892562) from the office of director of JPL.
    Against HDFC Mutual Fund
    • HDFC Mutual FundShaalin Tandon, 47, has served as an Independent Director on JPL’s board since September 2024. He is a consultant at Reliance Industries Limited (RIL) in the Chairperson’s office (acting as Vice-President) and co-founder, OVVIO Ltd- a tech startup in London. At RIL, he has headed projects in real estate, infrastructure, and corporate affairs. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Shaalin Tandon’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    1 for1 against
  • SPECIAL - Removal of Mr. Arun Anant (DIN: 02427545) from the office of director of JPL
    Against HDFC Mutual Fund, ICICI Prudential Mutual Fund
    • HDFC Mutual FundArun Anant, 61, has served as an Independent Director since September 2024. He is an Executive Coach. He was Director - Revenue & Strategy at the Hindustan Times Group, where he was responsible for revenue across Hindustan Times, Hindustan and Mint, and served as Chief Executive Officer of Mint. Prior to this, he was the Chief Executive for Kasturi & Sons Ltd (The Hindu Group) and earlier worked as Business Director at Economic Times. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Arun Anant’s removal along with six other Independent Directors and one executive director, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    • ICICI Prudential Mutual FundThe AMC has decided to vote against the resolution as no governance concern identified.
    0 for2 against
  • ORDINARY - Removal of Mr. Satish Chandra Mishra (DIN: 06643245) from the office of whole-time director of JPL.
    Against HDFC Mutual Fund, ICICI Prudential Mutual Fund
    • HDFC Mutual FundSatish Chandra Mishra, 62, is Whole-time Director of the company. He has over 36 years of experience in the newspaper industry, in production, printing and general administration. He has been on board since 30 October 2013. He is liable to retire by rotation. Jagran Media Network Investment Pvt. Ltd. (JMNIPL), JPL’s promoter-owned company holding 67.97%, seeks Satish Chandra’s removal along with seven Independent Directors, citing invalid (re)appointments due to alleged misuse of voting rights by NonExecutive Chairperson Mahendra Mohan Gupta. The matter is before the NCLT amid a Gupta family dispute over the control over JMNIPL’s voting rights. Therefore, we do not support the resolution.
    • ICICI Prudential Mutual FundThe AMC has decided to vote against the resolution as no governance concern identified.
    0 for2 against
6 earlier meetings

Mutual fund votes, meeting of 19 Sep 2025, 3 fund houses

  • To consider and adopt the: a) audited standalone financial statements of the Company for the financial year ended March 31, 2025 and the reports of the Board of Directors and Auditors thereon. b) audited consolidated financial statements of the Company for the financial year ended March 31, 2025 and the report of Auditors thereon.MoreLess
    3 for0 against
  • To confirm the interim dividend of Rs. 6/- per equity share declared by the Board of Directors of the Company on May 24, 2025 and already paid to the eligible shareholders, as final dividend for the financial year 2024-25.MoreLess
    3 for0 against
  • To appoint a Director in place of Mr. Sandeep Gupta (DIN: 00038410), who retires by rotation in terms of the provisions of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concerns: Excessive Board Size. Skewed remuneration practice in favour of Promoter EDs.
    2 for1 against
  • To appoint a Director in place of Mr. Satish Chandra Mishra (DIN: 06643245), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers himself for re-appointment.MoreLess
    3 for0 against
  • Approval of continuation of holding of office by Mr. Shailendra Mohan Gupta (DIN: 00327249) as the Non-Executive Director of the Company.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. No concern on merit of appointee. Governance Concerns: Excessive Board Size. Skewed remuneration practice in favour of Promoter EDs and Mr. Shailendra M Gupta is Member of NRC.
    2 for1 against
  • Appointment of Mr. Arun Anant (DIN: 02427545) as an Independent Director of the Company.
    3 for0 against
  • Re-appointment of Mr. Sameer Gupta as Executive President (Accounts) of the Company.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concerns: Excessive promoter family members. Exact remuneration to all appointees paid in past and proposed. Skewed remuneration towards promoter related executives.
    2 for1 against
  • Re-appointment of Mr. Devesh Gupta as Executive President (Product Sales and Marketing) of the Company.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concerns: Excessive promoter family members. Exact remuneration to all appointees paid in past and proposed. Skewed remuneration towards promoter related executives.
    2 for1 against
  • Re-appointment of Mr. Tarun Gupta as Executive President (Commercial) of the Company
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concerns: Excessive promoter family members. Exact remuneration to all appointees paid in past and proposed. Skewed remuneration towards promoter related executives.
    2 for1 against
  • Revision in the remuneration of Mr. Sandeep Gupta, Whole-time Director of the Company.
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundCompliant with law. Governance Concerns: Excessive Board Size. Skewed remuneration practice in favour of Promoter EDs.
    2 for1 against
  • Appointment of Adesh Tandon & Associates, Company Secretaries as Secretarial Auditors of the Company.
    3 for0 against

Mutual fund votes, meeting of 24 Sep 2024, 2 fund houses

  • To receive, consider and adopt the:na) audited standalone financial statements of the Company for the financial year ended March 31, 2024 and the reports of the Board of Directors and Auditors thereon.nb) audited consolidated financial statements of the Company for the financial year ended March 31, 2024 and the report of Auditors thereon.nMoreLess
    2 for0 against
  • To declare final dividend of Rs.5/- per equity share of face value of Rs 2/- each for the financial year ended March 31, 2024
    2 for0 against
  • To appoint a Director in place of Mr. Shailendra Mohan Gupta (DIN: 00327249), who retires by rotation offers himself for re-appointment
    2 for0 against
  • To appoint a Director in place of Mr. Sunil Gupta (DIN: 00317228), who retires by rotation, offers himself for re-appointment
    2 for0 against
  • Approval of continuation of holding of office by Mr. Devendra Mohan Gupta (DIN- 00226837) as the Non-Executive Director of the Company
    2 for0 against
  • Re-appointment of Ms. Divya Karani (DIN- 01829747) as an Independent Director of the Company
    2 for0 against
  • Re-appointment of Mr. Shailendra Swarup (DIN-00167799) as an Independent Director of the Company
    2 for0 against
  • Re-appointment of Mr. Satish Chandra Mishra (DIN-06643245) as a Whole-time Director of the Company
    2 for0 against
  • Appointment of Ms. Anita Nayyar (DIN- 03317861) as an Independent Director of the Company
    Against HDFC Mutual Fund, ICICI Prudential Mutual Fund
    • HDFC Mutual FundGiven the long association with the promoter group, he should not be appointed as an Independent director
    • ICICI Prudential Mutual FundMs. Anita Nayyar, 62, is former COO – Media, Branding and Communication, Patanjali Ayurved Limited. She has over 35 years of experience in advertising, marketing and media industry. She has worked with Saatchi & Saatchi, Ogilvy & Mather, Initiative Media, Media Com, Starcom Worldwide & Havas Media Group, The Times of India and Zee5. She has attended all eight board meetings held in FY2024. Anita Nayyar was on the board of Jagran Prakashan Limited from July 2014 to September 2019 and then joined board of Music Broadcast Limited, a subsidiary, w.e.f. January 2020. Her aggregate tenure with the group will exceed ten years during the proposed tenure. Hence, the AMC has voted against the resolution.
    0 for2 against
  • Appointment of Mr. Hormusji N. Cama (DIN- 00109337) as an Independent Director of the Company
    2 for0 against
  • Appointment of Ms. Kemisha Soni (DIN- 06805708) as an Independent Director of the Company
    2 for0 against
  • Appointment of Mr. Pramod Agarwal (DIN- 00038838) as an Independent Director of the Company
    2 for0 against
  • Appointment of Mr. Shaalin Tandon (DIN- 01892562) as an Independent Director of the Company
    2 for0 against
  • Appointment of Mr. Tarun Sawhney (DIN- 00382878) as an Independent Director of the Company
    2 for0 against

Mutual fund votes, meeting of 25 Aug 2023, 3 fund houses

  • To consider and adopt the: a) audited standalone financial statements of the Company for the financial year ended March 31, 2023 and the reports of the Board of Directors and Auditors thereon. b) audited consolidated financial statements of the Company for the financial year ended March 31, 2023 and the report of Auditors thereon.MoreLess
    3 for0 against
  • To confirm the interim dividend of Rs. 4/- per equity share, already paid to the eligible shareholders, as final dividend for the financial year 2022-23.
    3 for0 against
  • To appoint a Director in place of Mr. Devendra Mohan Gupta (DIN: 00226837), who retires by rotation offers himself for re-appointment.
    3 for0 against
  • To appoint a Director in place of Mr. Dhirendra Mohan Gupta (DIN: 01057827), who retires by rotation, offers himself for re-appointment.
    3 for0 against
  • Appointment of Mr. Shailesh Gupta (DIN: 00192466), Whole-time Director as the Managing Director of the Company.
    Against HDFC Mutual Fund
    • HDFC Mutual FundThere is a family dispute amongst the promoters and the matter is sub judice. Hence, it is preferred to maintain status quo for the time being.
    2 for1 against

Mutual fund votes, meeting of 17 Dec 2022, 3 fund houses

  • Approval for Buyback of Equity Shares of Jagran Prakashan Limited
    3 for0 against

Mutual fund votes, meeting of 29 Aug 2022, 3 fund houses

  • Consideration and adoption of Standalone and Consolidated Audited Balance Sheet as at March 31, 2022 and the Statement of Profit and Loss for the year ended on that date together with the Reports of Board of Directors and Auditors thereon.MoreLess
    3 for0 against
  • Re-appointment of Mr. Sunil Gupta (DIN- 00317228), as Director of the Company, liable to retire by rotation.
    Against Aditya Birla Sun Life Mutual Fund
    • Aditya Birla Sun Life Mutual FundSunil Gupta, 60, is a part of the promoter group and is currently designated as the Executive Director. While his reappointment is in line with regulations, the company has eight promoters on the board as directors (and several in office of profit positions), which is excessive. This practice deters from attracting the right talent to the company. Therefore, we do not support his reappointment to the board.
    2 for1 against
  • Re-appointment of Mr. Satish Chandra Mishra (DIN- 06643245), as Director of the Company, liable to retire by rotation.
    3 for0 against
  • Appointment of Price Waterhouse Chartered Accountants LLP as the Statutory Auditors of the Company for a period of five (5) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of the 51st Annual General Meeting to be held in the calendar year 2027 and fixing their remuneration.MoreLess
    3 for0 against
  • Appointment of Mr. Sandeep Gupta (DIN- 00038410) as a Director liable to retire by rotation.
    Against Aditya Birla Sun Life Mutual Fund
    • Aditya Birla Sun Life Mutual FundSandeep Gupta, 56, is part of the promoter family. He was in an office of profit as Executive President (Technical) prior to his appointment as Whole-time Director. While his appointment is in line with regulations, the company has eight promoters on the board as directors (including Sandeep Gupta) and several in office of profit positions, which is excessive. This practice deters from attracting the right talent to the company. Therefore, we do not support his reappointment to the board.
    2 for1 against
  • Appointment of Mr. Sandeep Gupta (DIN- 00038410) as the Whole-time Director of the Company for a period of five (5) years w.e.f. May 30, 2022.
    Against Aditya Birla Sun Life Mutual Fund
    • Aditya Birla Sun Life Mutual FundSandeep Gupta, 56, is a part of the promoter group. His proposed FY23 remuneration of Rs. 11.9 mn (fixed) is commensurate with the size and complexity of the business. The approval is being sought through a special resolution since the total executive promoter remuneration is likely to exceed 5% of net profits. Notwithstanding, we raise concerns over the excessive number of promoter family members on the board: there are six promoter executive and two promoter non-executive directors on the board and several others in office of profit positions. This practice deters from attracting the right talent to the company. Further, the overall executive promoter remuneration at Rs. 127.3 mn is high for the size of business. Therefore, we do not support Sandeep Gupta’s appointment as Whole-time Director.
    2 for1 against
  • Re-appointment of Mr. Satish Chandra Mishra (DIN: 06643245) as a Whole-time Director of the Company for a further period of three (3) years w.e.f. January 1, 2022.
    3 for0 against

Mutual fund votes, meeting of 24 Sep 2021, 3 fund houses

  • To receive, consider and adopt the Standalone and Consolidated Audited Balance Sheet as at 31st March, 2021 and the Statement of Profit and Loss for the year ended on that date together with the Reports of Board of Directors and the Auditors thereon.MoreLess
    3 for0 against
  • To appoint a Director in place of Mr. Dhirendra Mohan Gupta (DIN- 01057827), who retires by rotation, and being eligible, offers himself for re-appointment.
    3 for0 against
  • To appoint a Director in place of Mr. Shailendra Mohan Gupta (DIN- 00327249), who retires by rotation, and being eligible, offers himself for re-appointment.
    3 for0 against
  • Re-appointment of Mr. Mahendra Mohan Gupta (DIN- 00020451) as the Chairman and Managing Director of the Company.
    3 for0 against
  • Re-appointment of Mr. Sanjay Gupta (DIN- 00028734) as Whole-time Director of the Company.
    3 for0 against
  • Re-appointment of Mr. Dhirendra Mohan Gupta (DIN-01057827) as Whole-time Director of the Company.
    3 for0 against
  • Re-appointment of Mr. Sunil Gupta (DIN- 00317228) as Whole-time Director of the Company.
    3 for0 against
  • Re-appointment of Mr. Shailesh Gupta (DIN- 00192466) as Whole-time Director of the Company.
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

  • Tax disputeINCOME TAX DEPARTMENTSince 12 Mar 2025
    The Company had submitted the disclosure regarding the Income Tax Assessment order dated March 11, 2025 as per the requirement of Regulation 30 of the Listing Regulations on March 13, 2025. The Company has filed an appeal before CIT (Appeals) on March 28, 2025 against the said order which is still pending. The Company had also filed a reply on March 29, 2025 against the Penalty Notice before the Assessing Officer (‘AO’) requesting to keep the Penalty Notice in abeyance till the disposal of the said Appeal.MoreLess
    At the filing before: Income Tax Assessment order received by the Company under under section 156 of the Income Tax Act, 1961 of Rs. 11,55,050 on account of disallowance of proportionate interest expenses. Along with the said Order, Income Tax Department has issued a Show Cause Notice(“SCN”) under section 274 read with section 270A of the Income-tax Act, 1961 dated March 11, 2025 for imposing Penalty for under-reporting income for Assessment Year 2023-24 basis the above disallowance.MoreLess
  • Tax disputeAssistant Commissioner, Central GST & Central Excise (Audit), Ranchi (Jharkhand)Since 29 Dec 2025
    The Company has received a Demand Order (“Order”) dated December 29, 2025, from the Deputy Commissioner, Central GST & Central Excise, Ranchi for which the Company has duly submitted the disclosure as per the requirement of Regulation 30 of the Listing Regulations on December 30, 2025. The Order inter-alia seeks tax payment on the Entitlement of Input Tax Credit availed by the Company and corresponding reconciliation with various parameters mentioned in the Order. Based on Legal advice, it has a strong case on merit. There is no impact on financials, operation or other activities of the Company pursuant to the receipt of Order.MoreLess
    At the filing before: Show Cause Notices ("SCN") dated July 8, 2025 / Demand Notice dated December 29, 2025 received by the Company under section 74 of the Central Goods and Services Tax Act,2017 and corresponding section of the Jharkhand GST Act, 2017 read with Section 20 of the IGST Act, 2017 (“the Act”), confirming the demand of Rs 32,83,687 and equivalent amount of penalty under section 74, along with interest under section 50 of the Act.MoreLess
  • Tax disputeIncome Tax DepartmentSince 24 Mar 2026
    The Company had submitted the disclosure regarding the Income Tax Assessment order dated March 24, 2026 as per the requirement of Regulation 30 of the Listing Regulations on March 25, 2026. The Company has filed an appeal before CIT (Appeals) on April 2, 2026 against the said order which is still pending. The Company had also filed a reply on April 2, 2026 against the Penalty Notice before the Assessing Officer (‘AO’) requesting to keep the Penalty Notice in abeyance till the disposal of the said Appeal.MoreLess
    At the filing before: Assessment Unit, Income Tax Department has issued Notice of Demand under Section 156 of the Income Tax Act, 1961 for Rs. 1,19,60,720/- (Rupees One Crore, Nineteen Lakhs Sixty Thousand, Seven Hundred and Twenty Only). Further, the Assessment Unit, Income Tax Department also issued a Notice for Penalty under section 274 read with section 270A of the Income-tax Act,1961MoreLess
  • Tax disputeExcise and Taxation Officer, Hisar (Haryana)Since 26 Aug 2026
    The Company has duly submitted the disclosure as per the requirement of Regulation 30 of the Listing Regulations on August 27, 2026 Based on Legal advice, the SCN is apparently not tenable and the Company has a strong case on merits, Accordingly, there is no impact on financials, operation or other activities of the Company pursuant to the receipt of the SCN.MoreLess
    At the filing before: Show Cause Notices ("SCN") received by the Company under section 74 of the Central Goods and Services Tax Act, 2017 ("the ACT") along with interest and penalty under section 74 of the Act for the period 2020 to 2021. The Show Cause Notice, inter alia, seeks tax payment/clarification in respect of the entitlement to Input Tax Credit availed by the Company.MoreLess

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.