JAIPRAKASH ASSOCIATES LTD. - Updates

Jaiprakash Associates Ltd has informed BSE that the principal & interest due in respect of 11.75% Non Convertible Debentures and interest due in respect of 12.00% Non Convertible Debentures remain unpaid for more than three months as on April 26, 2017.<BR><BR>Further, in consonance with disclosures/press releases dated February 28, 2016, February 29, 2016, July 04, 2016 and October 06, 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.