Bigul

JAIPRAKASH ASSOCIATES LTD. - 532532 - Board Meeting Intimation for Intimation Of Date Of Board Meeting And Closure Of Trading Window

JAIPRAKASH ASSOCIATES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/08/2023 ,inter alia, to consider and approve In terms of Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations), this is to inform that the next meeting of the Board of Directors of the Company will be held on Saturday, the 5th August, 2023, inter-alia, to consider and approve the Un-audited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2023.
26-07-2023

Jaypee Group's flagship firm Jaiprakash Associates defaults on Rs 4,044 cr loans, including principal, interest amount

According to the details, the loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds).
08-07-2023
Bigul

JAIPRAKASH ASSOCIATES LTD. - 532532 - News Item Published In Business Standard (Mumbai Edition) On 12.06.2023 Under The Caption 'Largest Capex In Firm'S History. Dalmia Lines Up Rs.19K Cr To Battle Adani, Ultratech'

Our attention has been drawn to the captioned news item published in Business Standard on 12.06.2023 (Copy enclosed), quoting their interview with Shri Punit Dalmia, MD & CEO of Dalmia Bharat, and, inter-alia, claiming that 'in December last year, Dalmia had acquired Jaypee Group's 9.4 mtpa cement unit for Rs.5,666 Crore' and that 'this acquisition' will give Dalmia access to Central India's and North India's...
15-06-2023

Crisis-hit Jaiprakash Associates defaults on Rs 3,961-crore loans on May 31

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans worth Rs 3,961 crore, including principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company on May 31 defaulted on repayments of a principal amount of Rs 1,600 crore and interest of Rs 2,361 crore. The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds). "The total borrowing (including interest) of the company is Rs 29,429 crore, repayable by 2037, against which only Rs 3,961 crore is overdue as on May 31, 2023," JAL said. Out of the total borrowing of Rs 29,429 crore, the company said that Rs 18,231 crore will get further reduced on transfer to the proposed Special Purpose Vehicle (SPV) for which the scheme of arrangement duly approved by all the stakeholders, is pending sanction of National Company Law Tribunal
07-06-2023
Bigul

JAIPRAKASH ASSOCIATES LTD. - 532532 - Disclosure Of Defaults On Payment Of Interest/Repayment Of Principal Amount On Loans From Banks/Financial Institutions

Dear Sirs, In terms of the captioned SEBI circular, we enclose herewith the relevant disclosure of defaults on payment of interest/repayment of principal amount on loans from banks/financial institutions in specified format. We would appreciate if you could take the same on records.
07-06-2023
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