Jaypee Group's Flagship Firm Defaults On Rs 4,161 Crore Loans On March 31
Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,161 crore, including principal and interest amount.01-05-2023
01-05-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyJAIPRAKASH ASSOCIATES LTD. 2CIN NO.L14106UP1995PLC019017 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 18242.00 4Highest Credit Rating during the previous FY D 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)CARE RATINGS LIMITED 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Sandeep Sabharwal Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: Bharat Bansal Designation: Deputy CFO EmailId: [email protected] Date: 29/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.29-04-2023
Jaiprakash Associates defaults on $508 mn loan repayment due on Mar 31
The flagship company of the infrastructure-focused Jaypee Group has borrowings of Rs 29,396 crore, which are due for repayment by 2037, it said29-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Disclosure Of Defaults On Payment Of Interest/Repayment Of Principal Amount On Loans From Banks/Financial Institutions
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.29-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Update On Divestment Of Cement Assets To Dalmia Cement (Bharat) Limited ('DCBL')
This is in continuation to our communications dated December 12, 2022 and February 4, 2023, regarding signing of binding Framework Agreement and definitive agreements by Jaiprakash Associates Limited (JAL) and its associate company with Dalmia Cement (Bharat) Limited (DCBL), wholly owned subsidiary of Dalmia Bharat Limited regarding divestment of the certain cement, clinker and power plants for an aggregate Enterprise Value of Rs.5,666 Crores in furtherance of Company's continuing endeavor to reduce its Debt.26-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Certificate Under Regulation 40(10) Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('LODR Regulations').
In terms of Regulation 40(10) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations'), please find enclosed herewith the requisite certificate from the Company Secretary in Practice regarding timely issue of share certificates from the date of lodgement, in respect of the year ended 31st March, 2023.15-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Disclosure Of Defaults On Payment Of Interest/Repayment Of Principal Amount On Loans From Banks/Financial Institutions
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 for the quarter ended 31st March, 2023. We would appreciate if you could take the same on records.15-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Disclosure Of Defaults On Payment Of Interest/Repayment Of Principal Amount On Loans From Banks/Financial Institutions
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 for the quarter ended 31st March, 2023.07-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We hereby forward the Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018 received from M/s. Alankit Assignments Limited, RTA for the quarter ended on 31st March, 2023.04-04-2023
JAIPRAKASH ASSOCIATES LTD. - 532532 - Compliance Certificate For Year Ended 31St March, 2023 Under Regulation 7(3) Of SEBI (Listing Obligations And Disclosures Requirements) Regulations, 2015
In terms of Regulation 7(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Compliance Certificate for year ended 31st March, 2023.04-04-2023