Dainik Bhaskar is a Hindi newspaper owned by D.B Corporation Limited. The paper was founded by Ramesh Chandra Agarwal in 1958 in Bhopal, Madhya Pradesh. Over the years the paper has expended its reach to 11 other states in the country which include Bihar, Delhi, Madhya Pradesh, Jharkhand, Chhattisgarh, Gujarat, Rajasthan, Haryana, Punjab, Chandigarh and Himachal Pradesh, where it has 46 collective editions. According to the Indian Readership Survey (IRS) 2017, Dainik Bhaskar is the fourth largest read newspaper across languages, and the fourth largest read Hindi newspaper in the country.
Media Companies / Groups
Dainik Bhaskar Group
Danik Bhaskar is a daily Hindi newspaper owned by D.B. Corporation Private Limited with 100% control. D.B. Corporation Private Limited is a listed company whose 69.82% share is with the promoters and 30.18% share is with the public.
15.07% is directly held and split among the promoters, the members of the Agarwal family. 4.49% share is held by each Sudhir Agarwal and his brothers Girish Agarwal and Pawan Agarwal. The remaining 2.43% direct shares are held by other members of the family.
54.73% share of D.B. Corporation Private Limited is held by Bodies/Corporation of which 48.79% held by D.B. Consolidated Pvt. Ltd. (earlier known as Peacock Trading and Investment Pvt. Ltd.), 4.30% share by Stitex Global Ltd. and 1.64% share by Bhaskar Publications and Allied Industries Pvt. Ltd.
Sudhir Agarwal, Girish Agarwal and Pawan Agarwal each hold 33.33% share in D.B. Consolidated Pvt. Ltd. The three brothers along with other family members hold 100% share in both Stitex Global Ltd and Bhaskar Publications and Allied Industries Pvt. Ltd.
Hence, the Agarwal family holds 69.82% share in total both direct and through other companies in D.B corporation Private limited. The Agarwal brothers are the major stakeholders in the family.
Group / Individual Owner
D.B Corporation Limited is a listed company in the National Stock Exchange (NSE) and 30.18 shares of the Company are owned by Public which includes individuals and Institutional shareholding.
Affiliated Interests Founder
was born on 30 November 1944 in Jhansi, Uttar Pradesh. He graduated from Bhopal University with a Master’s in Political Science. In 1958 he started Dainik Bhaskar. He was the Chairman of D.B. Corp. Limited since its inception, which publishes Dainik Bhaskar a Hindi daily newspaper. Ramesh Chandra Agarwal was also the Chairman of the Federation of Indian Chambers of Commerce and Industry – Madhya Pradesh. He was awarded the Rajeev Gandhi Lifetime Achievement Award in Journalism and ranked 95 on the Forbes list of India's Richest in 2012, Ramesh Chandra Agrawal passed away in 2017.
Affiliated Interests Ceo
the son of Ramesh Chandra Agarwal, is the Managing Director of D.B. Corporation Limited. He is a Science Graduate from the Bhopal University, from the state of Madhya Pradesh. He is also the Director in 18 other Private Limited Companies and 5 LLP’s (Limited Liability Partnerships). These companies are active in the power sector, real estate, energy, printing and publishing, mining, hospitality, media and entertainment.
Besides being the Managing Director, he holds 22.17% stake in D.B corporation Limited.
Affiliated Interests other important people
the son of Ramesh Chandra Agarwal, is on the Board of Directors of D.B. Corporation since1995. A Commerce Graduate from the Barkatullah University in Bhiopal, he today heads the Marketing and Operations of the Group. He is also the member of Indian News Service and a chairperson of INS Madhya Pradesh. He has received multiple awards including “The Entrepreneur of the Year” award by Ernst and Young in 2006 as well as the “Outstanding Entrepreneur” at the Asia Pacific Entrepreneur Awards among others. Besides his activities mentioned above Girish Agarwal holds the position of a Director in other companies as well. He holds 22.17% stake in D.B corporation Limited.
the brother of Girish Agarwal and Sudhir Agarwal, is on the Board of Directors of D.B. Corporation Limited since 2005. He is the Head of the Production and Information Technology Department of the Group along with radio and digital portals. An Industrial Engineering Graduate from Purdue University USA, Pawan Agarwal has been awarded for his role in promoting regional language habits among Indian readers by the Indian Language Newspaper Association in 2007 presented to him by the Indian Prime Minister. In addition, he was named by Enterprise Asia as one of the outstanding entrepreneurs of Asia-Pacific, 2010. He holds 22.17% stake in D.B corporation Limited
DB Corp Limited, Plot no. 280, Sarkhej - Ghandhinagar Highway,
Near YMCA Club, Makarba, Ahmedabad (Gujarat) – 380051
Revenue (in Mill. $)
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All the information was collected from the Company Website and the Ministry of corporate Affairs. The MOM team has sent an email request to the company seeking all the information on 19 March 2019 and Courier on 22 March 2019. The team has not yet heard back from the company.