Jaiprakash Associates Ltd. News and Updates

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Jaiprakash Associates Ltd.

29 Apr 2023

3.04

-5.00%

Jaiprakash Associates defaults on $508 mn loan repayment due on Mar 31

Business Standard

The flagship company of the infrastructure-focused Jaypee Group has borrowings of Rs 29,396 crore, which are due for repayment by 2037, it said

Jaiprakash Associates Ltd. is trading below all available SMAs

Jaiprakash Associates Ltd.

15 Feb 2023

3.04

-5.00%

CCI clears acquisition of assets of Jaiprakash Associates by Dalmia Cement

livemint

With this agreement, Jaypee group flagship company Jaiprakash Associates has decided to divest from cement business completely

Jaiprakash Associates Ltd. has lost -68.03% in the last 1 Year

CCI nod for Dalmia Cement's acquisition of Jaiprakash Associates' Cement plants for 5,666 crore

Business Line | 15 Feb 2023

Jaiprakash Associates Ltd.

07 Jan 2023

3.04

-5.00%

Jaiprakash Associates defaults on Rs 4,059 crore loans with various banks

Business Standard

Jaypee Group's flagship firm Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount. In a regulatory filing, Jaiprakash Associates Ltd (JAL) said the company on December 31 defaulted on repayments of principal amount Rs 1,713 crore and interest of Rs 2,346 crore. The loans pertained to various banks and the nature of obligation is fund based working capital, non fund based working capital, term loans and FCCB (foreign currency convertible bonds). In September 2018, ICICI Bank filed an insolvency petition against JAL but the matter is still pending before the Allahabad bench of the National Company Law Tribunal (NCLT). The country's biggest lender SBI had in September this year moved the NCLT against JAL, claiming a total default of Rs 6,893.15 crore as on September 15, 2022. Last month, JAL and its group firms announced the sale of its remaining cement assets to Dalmia Bharat Ltd at an enterprise value of Rs 5,666 crore an

Number of FII/FPI investors decreased from 119 to 112 in Mar 2025 qtr

Jaiprakash Associates Ltd.

13 Dec 2022

3.04

-5.00%

Dalmia plans need concrete shape

livemint

Dalmia Cement (Bharat) Ltd (DCBL), a wholly owned subsidiary of Dalmia, has entered into a binding framework agreement for the acquisition of clinker, cement and power plants from Jaiprakash Associates Ltd and its associate.

Jaiprakash Associates Ltd. has lost -50.57% in the last 6 Months

Jaiprakash Associates Ltd.

12 Dec 2022

3.04

-5.00%

Dalmia Bharat to acquire Jaiprakash Associates' cement plants for 5,666 crore

Business Line

Deal to help Jaiprakash Associates' reduce its overall debt; completely exiting from the cement biz

Jaiprakash Associates Ltd. has lost -68.03% in the last 1 Year

Jaiprakash Associates Ltd.

11 Dec 2022

3.04

-5.00%

Jaiprakash Associates board meet to sell cement units on Monday

Business Standard

Dalmia Cement is a front runner to acquire the company apart from the Adani group and Aditya Birla group were also in the fray

Number of FII/FPI investors decreased from 119 to 112 in Mar 2025 qtr

Jaiprakash Associates Ltd.

10 Dec 2022

3.04

-5.00%

Jaypee Power board meet on Monday over divestment of cement grinding unit

Business Standard

Jaypee group firm Jaypee Power Ventures will hold a board meeting on Monday to consider a proposal to divest its Nigrie cement grinding plant in Madhya Pradesh. In a regulatory filing, Jaypee Power Ventures informed that a board meeting has been convened on Monday to "apprise the board of the recommendations of the Audit Committee to consider the proposal of divestment of Jaypee Nigrie cement Grinding unit." Separately, Jaypee Group flagship firm Jaiprakash Associates informed that a board meeting has been convened on Monday to apprise the board of the recommendations of the audit committee and the progress on the various divestment initiatives. Jaiprakash Associates Ltd (JAL) presently has an aggregate capacity of around 6 million tonnes per annum (MTPA) and Jaiprakash Power Ventures Ltd has around 4 MTPA. In October, Jaiprakash Associates and Jaiprakash Power Ventures had announced plans to divest their cement business as well as some non-core assets to reduce debt. Sources h