Jaiprakash Associates Ltd 2018 AR2
The report highlights Jaiprakash Associates Limited's performance and strategic initiatives for the fiscal year 2017-18. The company focused on debt reduction through significant divestments, including the consummation of the sale of identified cement plants to UltraTech Cement Limited for an enterprise value of INR 16,189 crores. Despite facing liquidity challenges and ongoing insolvency proceedings for its subsidiary Jaypee Infratech Limited, the company successfully restructured its Foreign Currency Convertible Bonds. Additionally, the company continued its commitment to corporate social responsibility, spending INR 76 lakhs on education and community development through the Jaiprakash Sewa Sansthan.
Company: Jaiprakash Associates Ltd
Sector: Construction
Country: India
Year: 2018
Type: AR2
Pages: 276
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Jaiprakash Associates Ltd
Annual Report
The report highlights Jaiprakash Associates Limited's performance and strategic initiatives for the fiscal year 2017-18. The company focused on debt reduction through significant divestments, including the consummation of the sale of identified cement plants to UltraTech Cement Limited for an enterprise value of INR 16,189 crores. Despite facing liquidity challenges and ongoing insolvency proceedings for its subsidiary Jaypee Infratech Limited, the company successfully restructured its Foreign Currency Convertible Bonds. Additionally, the company continued its commitment to corporate social responsibility, spending INR 76 lakhs on education and community development through the Jaiprakash Sewa Sansthan.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees