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India

Jaiprakash Associates Ltd (JAIA.NS)

JAIA.NS on National Stock Exchange of India

22.80INR
17 Jan 2018
Change (% chg)

Rs1.40 (+6.54%)
Prev Close
Rs21.40
Open
Rs21.60
Day's High
Rs23.00
Day's Low
Rs19.65
Volume
94,244,334
Avg. Vol
82,460,390
52-wk High
Rs30.45
52-wk Low
Rs9.15

Latest Key Developments (Source: Significant Developments)

Jaiprakash Associates says RBI approved proposed exchange offer with bond holders‍​
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Jaiprakash Associates Ltd ::Says RBI approved proposed exchange offer with regard to bond holders‍​.  Full Article

JP Associates approves sale of 74 pct stake in Bhilai Jaypee Cement
Thursday, 6 Oct 2016 

Jaiprakash Associates :Board approved sale of co's 74 percent stake in equity of Bhilai Jaypee Cement at enterprise value of 14.50 billion rupees.  Full Article

Jaiprakash Associates says CCI has not deviated from its previous order
Thursday, 1 Sep 2016 

Jaiprakash Associates Ltd : Clarifies on news item "CCI crackdown on cartelisation 11 cement firms told to shell out Rs 6,714 cr in fines" . Besides denying being a party to the alleged cartel, co had argued on manner of calculation of penalty . CCI has not deviated from its previous order and has re-imposed same penalties on all parties . Reserves right to appeal against the order .  Full Article

Jaiprakash Associates says file pertaining to Dul Hasti project handed over to CBI team
Tuesday, 16 Aug 2016 

Jaiprakash Associates Ltd : Clarifies on news item "CBI raids jaypee office over insurance fraud" . Files pertaining to Dul Hasti hydro electric power plant in J&K handed over to CBI team . Additional info sought by CBI team to be provided on August 22 . Co has worked on Dul Hasti hydro electric power project as civil contractor and completed work at site more than 10 years back . Co has no information with regard to FIR; not in a position to comment .  Full Article

Jaiprakash Associates says interest of 18.7 mln rupees remains unpaid
Friday, 5 Aug 2016 

Jaiprakash Associates Ltd : Interest of INR 18.7 million, due for payment on May 04, 2016 in respect of 12.40% non convertible debentures remains unpaid .  Full Article

Jaiprakash Associates approves scheme of arrangement with Ultratech Cement
Monday, 4 Jul 2016 

Jaiprakash Associates Ltd : Board has reviewed progress of divestment plans and approved the scheme of arrangement with Ultratech Cement Limited . Board has constituted a committee of directors to evaluate various options necessitating financial restructuring . Total enterprise value for deal now agreed is 161.89 billion rupees .  Full Article

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Supreme Court keeps ban on Jaiprakash Associates asset sales

NEW DELHI India's top court on Wednesday maintained a ban on sale of assets or a stake in Jaiprakash Associates Ltd, while saying it would hear at a later date a plea by the central bank seeking to push the infrastructure company into insolvency proceedings.

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