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Jain Irrigation

Jain Irrigation to merge global biz Temasek-owned Rivulis; stock zooms 17%

Going forward Jain Irrigation Systems will focus on improving the India business to drive higher growth and margin in one of the fastest growing irrigation markets in the world

Jain Irrigation to merge global biz Temasek-owned Rivulis; stock zooms 17%
Updated On : 23 Jun 2022 | 1:53 AM IST

Jain Irrigation to merge international biz with Temasek-backed Rivulis

The cash proceeds will be used to pay off Rs 2,700 crore of overseas debt

Jain Irrigation to merge international biz with Temasek-backed Rivulis
Updated On : 21 Jun 2022 | 11:03 PM IST

S&P lowers Jain Irrigation's ratings to 'D' for missing interest payments

The interest payment was due on February 1, 2020, and the 30-day grace period ended on March 3, 2020, S&P said in a statement

S&P lowers Jain Irrigation's ratings to 'D' for missing interest payments
Updated On : 05 Mar 2020 | 9:31 AM IST

S&P downgrades Jain Irrigation to 'D' on missed principal payments

S&P said there was a high likelihood that the company would be classified as a nonperforming asset by its relationship bankers

S&P downgrades Jain Irrigation to 'D' on missed principal payments
Updated On : 15 Oct 2019 | 11:09 AM IST

Jain Irrigation denies debt obligation default, to reduce debt by 2,000 cr

As on April 1st, the company had more than Rs 5,000 crore worth of orders in hand. It has total 33 manufacturing plants worldwide and 12,000 associates

Jain Irrigation denies debt obligation default, to reduce debt by 2,000 cr
Updated On : 13 Jun 2019 | 2:23 PM IST

Jain Irrigation to issue unsecured senior notes worth $200 mn

An unsecured note is a loan that is not secured by the issuer's assets

Jain Irrigation to issue unsecured senior notes worth $200 mn
Updated On : 15 Jan 2017 | 2:43 PM IST