Jagran Prakashan has informed that Securities and Exchange Board of India has passed an ad-interim ex-parte order for impounding an alleged unlawful gains (subject to the adjudication of the allegation on the merits in final order) of Rs 10.41 lakhs against the company secretary / compliance officer and his wife for certain trades in the script of the company in the year 2009. The said order is dated November 20, 2015 which has come to the company’s notice on November 25, 2015. The amount of alleged unlawful gain is wrongly reported by media as Rs 10.41 crores which may be ignored.
The above information is a part of company’s filings submitted to BSE.
