Jaiprakash Associates Limited — Others, 05-11-2024: Delay/default in the payment of fines/penalties/dues etc. to authority

Jaiprakash Associates Limited has disclosed defaults on interest and principal payments to various banks and financial institutions for October 2024. The company, currently under corporate insolvency resolution, reports total outstanding borrowings of INR 52,183.20 crores. All lenders are in the process of filing claims, and the claims are currently under verification.