Notice No. 20210305-2 Notice Date 05 Mar 2021Category Company related Segment EquitySubject Buyback of equity shares of Jagran Prakashan Limited (Scrip code: 532705) Content Trading Members are hereby informed that Jagran Prakashan Limited (Scrip code: 532705) has announced buyback of its fully paid-up equity shares of face value of Rs. 2/- each from the Open Market through electronic trading mechanism of the Exchange. The Maximum Buyback Price would not exceed INR 60/- (Indian Rupees Sixty Only) per equity share payable in cash for an aggregate amount not exceeding INR 118,00,00,000 (Indian Rupees One Hundred and Eighteen Crores Only). 1. Proposed timetable for buyback: Date of Opening of the Buyback on BOLTMonday, March 8, 2021Last Date for the BuybackEarlier of:(a) September 07,2021 (i.e., 6 (six) months from the date of the opening of the Buyback; or(b) when the Company completes the Buyback by deploying the amount equivalent to the Maximum Buyback Size; or(c) at such earlier date as may be determined by the Board or its duly authorised Buyback Committee, after giving notice of such earlier closure, subject to the Company having deployed an amount equivalent to the Minimum Buyback Size (even if the Maximum Buyback Size has not been reached or the Maximum Buyback Shares have not been bought back), however, that all payment obligations relating to the shares bought back shall be completed before the last date or the Buyback.