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Jaiprakash Associates Ltd.

BSE: 532532 Sector: Infrastructure
BSE 00:00 | 24 Apr 2020 Jaiprakash Associates Ltd
NSE 05:30 | 01 Jan 1970 Jaiprakash Associates Ltd

Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Di

February 18, 2020, 6:02 pm | Source: BSE

This is to inform you that the Company has since received a letter dated 12/2/2020 from Yamuna Expressway Industrial Development Authority (YEIDA) conveying its decision of having cancelled the allotment of land made by it in the year 2008 to erstwhile JPSK Sports Private Limited (later renamed as Jaypee Sports International Limited and now known as M/s. Jaypee International Sports a division of the Company post merger of the same with JAL in October 2015) without affording any opportunity to the Company and in arbitrary and illegal manner.