Corporate News 31-May-17
Jaiprakash Associates signs definitive agreement with Orient Cement
For sale of 74% stake in Bhilai Jaypee Cement
Jaiprakash Associates has executed today a definitive agreement with Orient Cement (OCL), a part of CK Birla Group, as authorized by the Board of Directors of the Company on 6 October 2016 for acquisition by OCL of Company's 74% equity stake in Bhilai Jaypee Cement (BJCL) based on an Enterprise Value of Rs. 1,450 crore on a cash free and debt free basis and subject to adjustments on account of Working Capital, if any and subject to approval of SAIL, approval of lenders of BJCL besides other statutory & regulatory approvals, as applicable.
Previous News
Jaiprakash Associates reports consolidated net loss of Rs 321.78 crore in the March 2023 quarter
( Results - Announcements 29-May-23 07:41 )
Jaiprakash Associates reports consolidated net loss of Rs 874.44 crore in the December 2019 quarter
( Results - Announcements 14-Feb-20 08:27 )
Jaiprakash Associates reports consolidated net loss of Rs 540.31 crore in the March 2022 quarter
( Results - Announcements 30-May-22 08:53 )
Jaiprakash Associates reports standalone net loss of Rs 148.10 crore in the December 2017 quarter
( Results - Announcements 20-Jan-18 11:45 )
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( Hot Pursuit - 01-Nov-23 12:00 )
Jaiprakash Associates update on divestment process in terms of framework agreement
( Corporate News - 06-Feb-23 09:40 )
Volumes jump at Jaiprakash Associates Ltd counter
( Hot Pursuit - 04-Dec-19 11:00 )
Jaiprakash Associates announces cessation of directors
( Corporate News - 26-Sep-22 17:18 )
UltraTech Cement nudges lower, JP Associates surges after CCI nod for cement biz deal
( Hot Pursuit - 11-Aug-16 11:19 )
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