JAIPRAKASH POWER VENTURES LIMITED - Board Meeting Outcome for Update Of The Board Meeting Held On 12Th December, 2022

Jaiprakash Power Ventures Limited - Board Meeting Outcome for Update Of The Board Meeting Held On 12Th December, 2022

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12 Dec 2022
This is to inform you that in line with the Company's continuing endeavour to exit the Non-Core Assets and as approved by the Board of Directors of the Company, based on the recommendations of its Audit Committee, at the meeting held today i.e. December 12, 2022, a binding Framework Agreement has been signed by the Company for divestment of the 2 MTPA Jaypee Nigrie Cement Grinding Unit to Dalmia Cement (Bharat) Limited (DCBL), wholly owned subsidiary of Dalmia Bharat Limited, for a consideration of Rs.250.00 Crores. In this connection, please find attached a copy of the Jaypee Group Press Release being issued to the media.
View all announcements for Jaiprakash Power Ventures Limited	Source: BSE India

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