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Jaiprakash Associates Limited is a Noida based Construction company mainly engaged in the business of Engineering & Construction, Manufacturing of Cement, Power, Real Estate Development, Hotel/ Hospitality, Sports, etc.
Jaypee Infra Ventures Private Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Jaiprakash Associates confirms zero requests were received or processed for re-lodgement of physical shares during May. No investor activity noted under the special transfer window.
Jaiprakash Associates' equity shares will delist from BSE and NSE following an approved plan. This means JPASSOCIAT shares will no longer trade on either exchange.
Jaiprakash Associates cited delays in submitting financial results due to its Corporate Insolvency Resolution Process and recent approval of a Resolution Plan. The company is preparing the results and expects to disclose them within 120 days from the financial year-end.
Company sold its cement businesses in MP and UP to Dalmia Cement (Bharat) Ltd for INR 2,850 Crores. This transaction settles all ongoing disputes and differences between the companies.