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Jaiprakash Associates defaults on Rs 4 258 crore loans - Vimarsana News

Jaiprakash Associates defaults on Rs 4 258 crore loans

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Source: theweek.in
Jaiprakash Associates: Jaiprakash Associates defaults on Rs 4,258 crore loans - Vimarsana News

Jaiprakash Associates: Jaiprakash Associates defaults on Rs 4,258 crore loans

Jaiprakash Associates Ltd (JAL), the flagship company of the crisis-hit Jaypee Group, has disclosed a default on loans amounting to Rs 4,258 crore, including both principal and interest, in a regulatory filing.

Jaiprakash Associates defaults on Rs 4,258 crore loans, Real Estate News, ET RealEstate - Vimarsana News

Jaiprakash Associates defaults on Rs 4,258 crore loans, Real Estate News, ET RealEstate

Jaiprakash Associates: The loans pertained to various banks, and the nature of the obligation is fund-based working capital, non-fund-based working capital, term loans and FCCB (foreign currency convertible bonds).

Jaiprakash Associates defaults on Rs 4,258 cr loans - Vimarsana News

Jaiprakash Associates defaults on Rs 4,258 cr loans

Crisis-hit Jaypee Group's flagship firm Jaiprakash Associates on Monday said it has defaulted on loans worth Rs 4,258 crore, including principal and interest amount.  In a regulatory filing, Jaiprakash Associates Ltd (JAL) informed that the company has on October 31 defaulted on repayments of

CRC group ventures into Noida with ambitious Rs 1200 cr premium commercial project - Vimarsana News

CRC group ventures into Noida with ambitious Rs 1200 cr premium commercial project

At present, the CRC Group is undertaking construction of projects spread over a total of 72 lakh square feet area. The company has also collaborated with Jaypee to construct a high-end ultra-luxury residential complex with a golf course view, the firm said.