Brief: Jaiprakash Associates Says Orient Cement Had Stipulated Conditions Which Were Not Acceptable To SAIL

Jaiprakash Associates

31/05/2018 09:33

May 31 (Reuters) - Jaiprakash Associates Ltd  JAIA.NS :
    * POST EXECUTION OF SHARE PURCHASE AGREEMENT, ORIENT CEMENT
STIPULATED CERTAIN CONDITIONS WHICH WERE NOT ACCEPTABLE TO SAIL
    * SAYS CO IN RECEIPT OF LETTER FROM ORIENT CEMENT LIMITED
TERMINATING SHARE PURCHASE AGREEMENT

Source text - https://reut.rs/2LJhLRc
Further company coverage:  JAIA.NS 

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