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Jagran Prakashan jumps on getting nod for scheme of arrangement

09 Jan 2013 Evaluate

Jagran Prakashan is currently trading at Rs. 114.25, up by 0.45 points or 0.40% from its previous closing of Rs. 113.80 on the BSE.

The scrip opened at Rs. 114.00 and has touched a high and low of Rs. 114.75 and Rs. 111.75 respectively. So far 3,390 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 117.50 on 08-Jan-2013 and a 52 week low of Rs. 78.00 on 23-May-2012.

Last one week high and low of the scrip stood at Rs. 117.50 and Rs. 103.55 respectively. The current market cap of the company is Rs. 3,613 crore.

The promoters holding in the company stood at 59.72% while Institutions and Non-Institutions held 27.74% and 12.54% respectively.

Jagran Prakashan has received an approval from High Court of Allahabad for scheme of arrangement between Naidunia Media and company and their respective shareholders and creditors. However, the scheme is pending for approval from High Court of Madhya Pradesh (Indore bench).

The scheme shall be effective from the date of filing of certified / authenticated copies of orders of the High Court with the Registrar of Companies at Uttar Pradesh and Registrar of Companies at Madhya Pradesh, as applicable.

Jagran Prakashan has business interests in area of newspapers, outdoor, internet, magazines, below the line marketing solutions, and mobile value added services. The company publishes Dainik Jagran, a Hindi daily newspaper.

Jagran Prakashan Share Price

67.00 -0.33 (-0.49%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
D.B. Corp 214.40
Navneet Education 157.80
Jagran Prakashan 67.00
HT Media 23.96
Hindustan Media Vent 68.84
View more..

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