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

Seven independent directors and full-time director Satish Chandra Mishra face removal under special notice

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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.

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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.

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Brands

Mother’s Recipe launches Summerwala Sharbat range

Five nostalgic flavours priced at Rs 215 aim to tap summer refreshment demand.

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MUMBAI: Call it a sip of summer nostalgia, Mother’s Recipe is bottling childhood memories and pouring them back into the present. The homegrown ethnic food brand has introduced its Summerwala Sharbat range, a five-flavour line-up designed to recreate the familiar tastes and rituals of Indian summers, while catering to modern consumption habits. The range features Mango Panna, Rose Syrup, Jeera Masala Syrup, Khus Syrup and Lemon Ginger Squash, each rooted in flavours that have long defined seasonal refreshment across Indian households. From the tang of raw mango to the cooling comfort of khus, the portfolio leans heavily into recall, not reinvention.

At a time when brands are increasingly leaning on nostalgia as a strategic lever, Mother’s Recipe is positioning Summerwala Sharbat as both a functional beverage and an emotional cue. The idea is simple: revive the small, everyday rituals post-play drinks, family gatherings, the clink of ice in a glass that once defined summer afternoons.

The products are packaged in 750 ml PET bottles and priced at Rs 215, targeting both routine household consumption and social occasions. Distribution spans leading e-commerce platforms as well as select offline retail outlets.

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Mother’s Recipe executive director Sanjana Desai said the intent was to bring back flavours tied to “taste, routine and home”, while making them relevant for today’s consumers.

The move reflects a broader shift in the beverages market, where heritage-led storytelling and familiarity are increasingly being used to stand out in a crowded, innovation-heavy category.

With Summerwala Sharbat, Mother’s Recipe isn’t just selling a drink, it’s selling a season, one glass at a time.

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