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Friday, May 5, 2017

JP Associates fails to pay interest on NCDs

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JP Associates fails to pay interest on NCDs The Jaypee group has been selling off its assets to lighten its debt load. Last year, it announced sale of its cement plants with a total capacity of 21.1 million tonnes per annum (mtpa) at an enterprise value of Rs 16,189 crore to the Aditya Birla Group firm UltraTech Cement.

May 05, 2017 at 09:52AM

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