National Herald publishers AJL to hold EGM today
January 21, 2016  08:30
The publishers of National Herald group of newspapers, Associated Journals Ltd, will hold an extraordinary general meeting (EGM) in Lucknow today to seek shareholders' nod for changing the structure of the company from a commercial to a non-profit entity.

The meeting is to be held at the AJL office as per advertisements placed in newspapers, said the general manager of AJL, Lucknow, BP Kannaujia. 

There is, however, no confirmation as to who all would attend the meeting, Kannaujia added.

The general secretary of the AJL Employees' Union, Dilip Sinha, who has given a call for disrupting the meeting, meanwhile, said that as per his information, AJL Chairman Motilal Vora will be taking part in the meeting. 

Sinha said they will disrupt the meeting to force AJL to accept their demand of compensating the staff of the Lucknow unit at par with the New Delhi office. 

"A relay fast is already going on at Herald House since January 16 to press our demands," he said. 

According to the notice that appeared in Lucknow-based newspapers in December, the meeting will seek the approval of 762 shareholders for turning AJL into a not-for-profit, Section-8 company under the Companies Act, 2013.
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