Brief: Jaiprakash Associate Says Out Of Total Borrowings Only 41.93 Bln Rupees Overdue as of Nov. End

Jaiprakash Associates

06/12/2023 11:42

Dec 6 (Reuters) - Jaiprakash Associates Ltd  JAIA.NS :
    * TOTAL BORROWING OF CO IS 290.37 BILLION RUPEES REPAYABLE
BY 2037
    * OUT OF TOTAL BORROWINGS ONLY 41.93 BILLION RUPEES IS
OVERDUE AS
ON 30.11.2023
    * OUT OF TOTAL BORROWINGS 185.18 BILLION RUPEES WILL GET
REDUCED
ON TRANSFER TO THE PROPOSED SPV
    * POST PROPOSED DIVESTMENT OF CEMENT BUSINESS, RESTRUCTURING
BORROWING WILL GET ALMOST TO NIL

Source text for Eikon:  ID:nNSEbWfgd0 
Further company coverage:  JAIA.NS 

 ((Reuters.Briefs@thomsonreuters.com;))