| Updated on November 02, 2016 Published on November 02, 2016

Jaiprakash Associates Ltd has informed BSE about the following:

"The interest installment in respect of 11.90% Non Convertible Debentures having ISIN No. INE455F07667, INE455F07683, NE455F07642, INE455F07659, INE455F07675 and INE455F07691 remain unpaid for more than three months as on November 02, 2016.

This may be read in consonance with disclosures/press releases dated February 28, 2016, February 29, 2016, July 04, 2016 and October 06, 2016 wherein the Company has informed about the disinvestment initiatives being undertaken / pursued to deleverage its balance sheet and improve its cash flows for timely servicing of its debt obligations."

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Source : BSE - >www.bseindia.com

Published on November 02, 2016
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