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JMNIPL becomes the holding company of Jagran Prakashan

Date: 15-07-2011

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.