Jaiprakash Associates Ltd has informed BSE that <BR><BR>"The interest in respect of 11.80% Non Convertible Debentures having ISIN No. INE455F07162 remains unpaid for more than three months as on February 11, 2017.<BR><BR>This may be read in consonance with disclosures/press releases dated 28th February, 2016, 29th February, 2016, 4th July, 2016 and 6th October, 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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