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Jaiprakash Associates Limited news

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JPASSOCIAT 7.70 +0.15 (1.99%)
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UltraTech acquires Jaiprakash Associates' cement plants for Rs 16500 crore
NEW DELHI | MUMBAI: India's largest cement maker UltraTech Cement will acquire Jaiprakash Associates' cement factories in six states for an enterprise value of Rs 16,500 crore, among the biggest distress sales of assets as India's banks get proactive ...
UltraTech to buy Jaiprakash Associates cement assets for Rs16,500 crore  Livemint
UltraTech, JP Associates jump 2-8% on Rs 16500-cr cement deal  Moneycontrol.com
SBI invokes Strategic Debt Restructuring of JP Associates
In its July 1 edition ET had reported that ICICI Bank the lead banker for Jaiprakash Associates Limited has invoked the strategic debt restructuring provision, setting in play the process that could pave the way for the lenders cumulatively taking over ...
Jaypee salvages UltraTech cement deal, loses control of Jaiprakash Associates  Livemint
Banks, UltraTech differ on Jaiprakash Associates deal  Daily News & Analysis
Jaypee Group sells cement plants to Ultratech for Rs 15900 crore
However, the size of the deal announced last month has been reduced from Rs 16,500 crore as Jaiprakash Associates Ltd (JAL) decided not to sell its cement plant in Karnataka with a capacity of 1.2 million tonnes per annum (MTPA).
Jaiprakash sells cement plants to UltraTech for Rs 15900 cr  The Indian Express
Stocks in focus: IVRCL, Jaiprakash Associates, Alkem Labs, KEC  Hindu Business Line
Jaiprakash Associates looks to hire consultants in turnaround bid
Mumbai: Jaiprakash Associates Ltd, the debt-laden infrastructure developer, is looking to hire consultants to restructure and turn around its businesses, two people familiar with the development said.
JP Associates receives shareholders nod to convert debt into equity
Debt-laden Jaiprakash Associates Ltd (JAL) on Wednesday said it has received shareholders' approval to allow conversion of its debt to equity in the company.
JP Group to convert loan into equity  Moneycontrol.com
Jaiprakash Associates' shareholders approve sale of cement biz
The shareholders approved "Scheme of Arrangement (merger) between Jaiprakash Associates (JAL) and Jaypee Cement Corporation (JCCL) and UltraTech Cement and their respective shareholders and creditors", it added.
Jaiprakash Associates misses interest payment on bonds
Debt-laden infrastructure company Jaiprakash Associates Ltd has missed interest payment due on 7 March on its bonds worth $150 million.
Jaiprakash Associates fails to pay interest on $150-mn bonds  The Indian Express
Jaiprakash Associates defaults on bond interest payments  Economic Times
I have no intention to flee: Manoj Gaur, Executive Chairman & CEO, Jaypee Group
Successful consummation of this deal would have kept JAL ( Jaiprakash Associates Ltd, the flagship), going without hiccups, but circumstances beyond our control brought the new Mines and Minerals (Development and Regulation) Act 2015 (MMDRA) into ...
CCI closes case against Jaiprakash Associates Ltd for alleged abuse of dominance
The Competition Commission of India (CCI) by way of its order dated October 26, 2015 has exonerated M/s Jaiprakash Associates Ltd and M/s Jaypee Infratech Ltd. (OPs) by majority view for alleged abuse of dominance on an information filed by five ...
Jaiprakash Associates' shares linger near all time lows
Shares of Jaiprakash Associates Ltd are an example of just how destructive debt can be. Once celebrated in the markets for its rapid diversification, shares of Jaiprakash Associates hit an all time low of Rs.5.60 per share on Thursday.