| Updated on November 11, 2016 Published on November 11, 2016

Jaiprakash Associates Ltd has informed BSE that the principal installment in respect of 11.80% Non Convertible Debentures having ISIN No. INE455F07162 remains unpaid for more than three months as on November 11, 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 11, 2016
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