Day 6-Daily Reporting on Buyback-16.03.2021
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THE WORLD'S LARGEST READ DAILY Jagran Date: March 16, 2021 1) Manager-CRD, Re: Jagran Prakashan Limited BSE Limited, Scrip Code: 532705 Phiroze Jeejeebhoy Towers, ISIN No. INE l 99GO 1027 Dalal Street, Mumbai-400 001 2) Listing Manager, Re: Jagran Prakashan Limited National Stock Exchange of India Limited, Symbol: JAGRAN 'Exchange Plaza' !SIN No. INE199G01027 Bandra Kurla Complex, Bandra(E), Mumbai-400 051 Dear Sir/ Madam, Sub.: Buyback by Jagran Prakashan Limited ("Company") of its fully paid-up equity shares of face value of INR 2/- each from the open market through stock exchanges under the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended (the "Buyback Regulations") With reference to the captioned matter, the Company hereby submits the daily report pursuant to Regulation 18 of the Buyback Regulations regarding the equity shares bought back on March 16, 202 l. Name of the Broker Number ofEqµity §hares .. Tot~I Equjty ~ver~ge .Price of Bought Back on I6/03/202l Shares A,cqui!,ition· (INRj* BSE NSE Bought.Back YES Securities (India) 6,139 2,64,788 2,70,927 59.0416 Limited Total (A) 6,139 2,64,788 2,70,927 59.0416 Cumulative Equity Shares bought as on Yesterday (B) 5,45,655 Less : Quantity Closed Out Today( C) 0 Quantity Closed Out as on Yesterday (D) 0 Total Quantity closed out(C+D=E) 0 Total Equity Shares bought back as on 16/03/2021 (A) +(B) -(E) 8, 16,582 . Excludes Transaction Costs and rounded off. as applicable Further, certain details with respect to the Buyback are as set forth below: Sr. No. Particulars l. Total amount earmarked for Buyback INR 118,00,00,000 2. Cumulative amount utilized for Buyback till date INR 4,70,89,764.80 Jagran Prakashan Ltd CIN: L22219UP197SPLC004147 /L.\ \ .. ~~· \ Jagran Building. 2 Sarvodaya Nagar, Kanpur 208 005 E-mail : [email protected] T +91 512 3941300 F +91 512 2298040, 2216972 Registered Office www.jagran.com www.jplcorp.in 2, Sarvodaya Nagar, Kanpur 208 005, U----ttar Pradesh, India THE WORLD 'S LA RGEST READ DAILY Jagran Sr. No. Particulars 3. Maximum number of equity shares that can be bought 7,03,00,000 equity shares back as per Section 68(2)(c) of Companies Act, 2013® 4. Cumulative number of equity shares bought back till 5,45,655 equity shares the end of previous reporting period .. 5. Number of equity shares bought back during the 2, 70,927 equity shares current reporting period ... 6. Cumulative number of equity shares bought back till 8, 16,582 equity shares . the end of the current reporting period Excludes Transaction Costs. @ Represents 25% of the total paid-up capital of the Company prior to Buyback as on March 31, 2020, in terms of equity shares off ace value of INR 2 each. The proviso to Section 68(2)(c) of the Companies Act, 2013, as amended, and Regulation 4(i) of the Securities and Exchange Board of India (Buy-Back of Securities) Regulations, 2018, as amended, state that the buyback of equity shares in any financial year shall not exceed 25% of the total paid up equity capital of the company in that financial year. The indicative maximum number of Equity Shares to be bought back at the Maximum Buyback Size and the Maximum Buyback Price is 1,96,66,666 Equity Shares, which does not exceed 25% of the total paid up equity share capital of the Company. However, if the Equity Shares are bought back at a price below the Maximum Buyback Price, the actual number of Equity Shares bought back could exceed the indicative Maximum Buyback Shares (assuming full deployment of Maximum Buyback Size) but will always be subject to Maximum Buyback Size. •• Previous reporting period is the day before the current reporting date when the Company has filed report on equity shares bought back, being March 15, 2021. ••• Current reporting period is the day on which this report is being filed with the stock exchanges, being March 16, 2021. Capitalised terms used but not defined herein shall have the meaning assigned to such terms in the Public Announcement. This is for your information and record. Thanking you, Yours sincerely, For Jagran Prakashan Limited (AMIT JAISW AL) Company Secretary & Compliance Officer Membership No.: F5863 PRINT OUT OF HOME Jagran Prakashan Ltd GIN: L22219UP1975PLC004147 ACTIVATION Jagran Building. 2 Sarvodaya Nagar, Kanpur 208 005 E-mail : [email protected] MOBILE T +91 512 3941300 F +91 512 2298040, 2216972 Registered Office www.jagran.com www.jplcorp.in 2, Sarvodaya Nagar. Kanpur 208 005, Uttar Pradesh, India ONLINE .