Jaiprakash Associates defaults on Rs 4,258 crore loans

Dated on: Tuesday 7th November 2023

The Jaypee Group's primary company, Jaiprakash Associates, announced a default on loans totaling Rs 4,258 crore, including both principal and interest amounts. This default occurred on October 31, with a principal default of Rs 1,733 crore and interest default of Rs 2,525 crore.

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