In continuation to its letter dated 9th October, 2022, Jaiprakash Associates has informed that, with a view to give thrust to the ongoing efforts of the Company to reduce its debt, the Board of Directors in their meeting held today, the 10th October, 2022, have decided to divest Company's significant Cement business. The aforesaid Board meeting commenced at 08.15 am and concluded at 08.55 am on 10th October, 2022.
The above information is a part of company’s filings submitted to BSE.