Page 6 - Jaypee Infratech

Jaypee Infra lenders reject NBCC bid, to vote on Suraksha offer: Reports

NBCC had submitted its revised bid on April 24 and offered to give lenders Rs 5,000 crore worth land parcels as against the earlier offer of land worth Rs 3,000 crore

Jaypee lenders to meet on Apr 26; to consider revised NBCC, Suraksha bids

Last week, crisis-hit Jaypee Group's promoters made a fresh attempt to retain control over its arm Jaypee Infratech by seeking the support of homebuyers

Jaypee Infra lenders to discuss revised bids of NBCC, Suraksha on April 26

NBCC and Suraksha group are expected to submit their revised resolution plans by April 25 to complete over 20,000 pending housing units to aggrieved home buyers

Jaypee apologises to homebuyers; promises Rs 2,000 cr to finish projects

Promising to complete and hand over the remaining units, Gaur sought another chance from the homebuyers

Jaypee Infra's promoter makes second attempt to settle dues of Rs 10,000 cr

In the first round, the Rs 7,350 crore bid of Lakshdeep, part of Suraksha group, was rejected by lenders as it was found to be substantially lower than the company's net worth and assets

NBCC India leads race for Jaypee Infratech with Rs 1,000-crore offer

Lenders to vote on Jaypee Infra bidder from Wednesday

NBCC, Suraksha bid to acquire Jaypee Infratech, finish stalled projects

In a filing to the BSE, NBCC said it has submitted the bid to Interim Resolution Professional Anuj Jain

Debt-ridden Jaypee Infratech Q3 net loss narrows to Rs 326 cr in FY19

The company, which is undergoing Corporate Insolvency Resolution Process, had reported a net loss of Rs 361.28 crore in the October-December quarter of the previous fiscal

Jaypee Infratech lenders extend deadline for resolution plans till Feb 15

Move comes after NBCC, Cube Highways & Infrastructure and Suraksha ARC requested for extension of timelines for submission of binding resolution plans

After Sun Pharma stock crash, co-promoter likely to quit Jaypee Infra race

Sudhir Valia's firm Suraksha Asset Reconstruction to focus on existing projects

Jaypee Infratech case: 4,000 houses allotted to homebuyers in Noida

Till August, a total of 3,400 houses were ready for possession

Home buyers flex muscles, swing Jaypee Infra CoC to reject bankers' moves

In a meeting on October 17, CoC rejected appointment of Vijaykumar Iyer and Deloitte Touche Tohmatsu India LLP to assist with company's resolution process

Jaypee Infra homebuyers reject resolution professional's reappointment

Buyers constitute 62 per cent of the committee of creditors for the bankrupt firm

Third independent director of Jaypee Infratech resigns within a week

The Interim Resolution Professional will place his resignation for acceptance in the next meeting of the Committee of Creditors

Two independent directors of bankruptcy-hit Jaypee Infratech resign

While Rau has cited personal reasons for the resignation, Goswami resigned because of his growing age and indifferent health

Jaypee Infratech Q1 loss widens to Rs 2.98 bn despite rise in income

Jaypee Infratech is facing bankruptcy proceedings after it defaulted on Rs 5.26 billion loan to IDBI

Jaypee Infratech lenders reject Rs 73.5 bn bid by Lakshwadeep

Sources said 85% of the lenders voted against the offer while only 6.6% were in favour of accepting it and handing over the company to Lakshadweep

Alarmed by active bidders, Jaypee Infratech tries to reclaim firm

Claims it can complete unfinished housing projects by 2021

Lakshadeep emerges front-runner for Jaypee Infratech with Rs 73.5-bn bid

Lakshadeep's offer is, however, not better than the proposal Jaypee Infratech Ltd (JIL) had made to the joint lenders forum chaired by MDs of IDBI Bank and IIFCL on March 8, 2017

Once bitten, JSW wants formal nod from banks to takeover Jaypee Infra

JSW lost out in race of Binani Cement despite highest offer