Jaiprakash Associates has defaulted on loans of Rs 4,059 crore, comprising both the principal and interest amount. The company on December 31, 2022 defaulted on repayments of principal amount Rs 1,713 crore and interest of Rs 2,346 crore. The loans pertained to various banks and the nature of obligation is fund based working capital, non-fund based working capital, term loans and FCCB (foreign currency convertible bonds).
Jaiprakash Associates (JAL) is the engineering and construction arm of the Jaypee group focused on development of river valley and hydro electric projects and a leader in construction of river valley and hydropower projects on turnkey basis for more than four decades.
Company Name | CMP |
---|---|
Larsen & Toubro | 3650.65 |
Rail Vikas Nigam | 287.05 |
KEC International | 732.95 |
Kalpataru Projects | 1180.00 |
NCC | 246.75 |
View more.. |