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Jaiprakash Associates Limited ( (IN:JPASSOCIAT) ) just unveiled an announcement.
Jaiprakash Associates Limited has announced that the Committee of Creditors (CoC) rejected a resolution during its ninth meeting, which was part of the company’s ongoing Corporate Insolvency Resolution Process (CIRP). The resolution aimed to authorize the Resolution Professional to facilitate the registration of 154 units of Jaypee Greens, Wishtown, Noida. The rejection of this resolution could impact the company’s efforts to resolve its insolvency issues and may have implications for stakeholders involved in the real estate project.
More about Jaiprakash Associates Limited
Jaiprakash Associates Limited operates in the infrastructure and real estate sector, providing services and products primarily focused on construction, engineering, and real estate development. The company is known for its projects in residential and commercial real estate, particularly in regions like Noida, India.
YTD Price Performance: -34.93%
Average Trading Volume: 1,818,236
Current Market Cap: 10.01B INR
Learn more about JPASSOCIAT stock on TipRanks’ Stock Analysis page.
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