JAIPRAKASH ASSOCIATES LTD. - 532532 - Announcement under Regulation 30 (LODR)-Diversification / Disinvestment
In continuation to our letter dated 12th December, 2022, informing about the entering into a Binding Framework Agreement between the Company & its associates with Dalmia Cement (Bharat) Ltd. [DCBL] for divestment of stake in the Cement, Clinker and Power Plants having aggregate Cement capacity of 9.4 MnTPA, along with Clinker capacity of 6.7 MnTPA and Thermal Power plants of aggregate capacity of 280 MW, to DCBL, wholly owned subsidiary of Dalmia Bharat Limited, for an aggregate Enterprise Value of Rs.5,666 Crores, please find enclosed the information pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015 as Annexure -1.13-12-2022