FilingReader Intelligence
Jaiprakash Associates defaults on loans amid insolvency process
August 5, 2025 at 06:39 AM UTC•By FilingReader AI
Jaiprakash Associates defaulted on loan interest and principal repayments for July 2025, with total outstanding borrowings of INR 55,372.19 crores as of July 25.
The company is undergoing corporate insolvency resolution with Bhuvan Madan appointed as resolution professional. All lenders are filing claims currently under verification.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:JPASSOCIAT•Bombay Stock Exchange
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