Jagran Prakashan seeks removal of seven independent, one whole-time director

NEW DELHI: A governance tussle has intensified at Jagran Prakashan Limited, after its holding company moved to remove a majority of the board. In a stock exchange filing dated 12 February, 2026, the company disclosed that Jagran Media Network Private Limited has issued a special notice seeking the removal of seven independent directors and one whole-time director.

The independent directors proposed for removal are Divya Karani, Shailendra Swarup, Anita Nayyar, Kemisha Soni, Pramod Agarwal, Shalin Tandon and Arun Anant. The notice also seeks the ouster of full-time director Satish Chandra Mishra. An extraordinary general meeting has been convened to consider the resolutions.

The holding company has alleged that the directors were not appointed in accordance with due process. It further claimed that the company’s chairman, Mahendra Mohan Gupta, failed to exercise voting rights in line with directions issued by the JMNIPL board.

Gupta, in a separate communication to the board on 12 February, said the voting rights dispute is already under adjudication before the National Company Law Tribunal, Allahabad bench. Two company petitions linked to the matter are currently pending before the tribunal.

The special notice was taken up at the board meeting held the same day. The company said its board would take all necessary and appropriate steps in accordance with applicable law.