JCT has agreed to repay all amounts due towards the remaining FCCBs aggregating to $ 20,744,217 and payable in 10 installments starting from October 2015 to December 2017. The company has settled with the Bondholders for payment of the dues, in full, of the outstanding Foreign Currency Convertible Bonds (FCCBs) subject to the terms and conditions of the Consent Terms which have been signed by the Company with the bondholders, the Trustee and simultaneously filed before the Hon'ble High Court of Punjab and Haryana at Chandigarh on June 03, 2015. Pursuant to the Consent Terms, the Company
JCT, one of the leading manufacturers of textiles and filament yarn, is the flagship company of Thapar Group. With operations in two distinct businesses -- cotton, synthetic & blended textiles and nylon filament yarn -- JCT is a market driven company fuelled by good work ethic, values and a high standard of performance.
Company Name | CMP |
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PDS | 432.70 |
Vardhman Textiles | 457.50 |
Arvind | 378.85 |
Welspun Living | 140.60 |
Alok Inds | 26.11 |
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