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MoneyWorks4Me

JMNIPL becomes the holding company of Jagran Prakashan

15 Jul 2011 Evaluate

Jagran Prakashan’s promoters have completed the process of consolidation of their individual shareholding into Jagran Media Network Investment (JMNIPL), thereby turning JMNIPL a holding company of JPL. JMNIPL post receiving the approval of the Ministry of Information & Broadcasting, Govt. of India currently holds 188046479 equity shares, constituting 59.46% of issued and paid-up capital, which were earlier held by promoters and their family members. The company’s promoters completed the process for the same on July 15, 2011.

Jagran Prakashan is a leading media house of India which publishes Dainik Jagran, India’s largest read daily. It has also been voted as the most credible and trusted newspaper in India.

Peers
Company Name CMP
D.B. Corp 148.40
Jagran Prakashan 60.88
HT Media 22.01
Navneet Education 121.20
S Chand And Company 132.90
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