Key Highlights: 

  • Jaypee Infratech hits lower circuit, Jaiprakash Associate down 7%
  • Jaypee Infratech saddled with Rs 8000 crore debt
  • Jaiprakash Associate to pay Rs 2000 crore on October 27
     

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Share price of Jaypee Infratech and its parent Jaiprakash Associates faced selling pressure after the Supreme Court provided relief to its lenders and homebuyers. 

Jaypee Infratech stocks were trading at lower circuit of Rs 15.20 per piece and were down 5% on BSE.

Jaypee Infratech Case: IDBI Bank files plea before SC seeking modification in NCLT's insolvency proceedings

  • Jaypee Infratech homebuyers get relief; SC puts NCLT proceedings on hold
  • Last day for Jaypee Infratech home buyers to file claims; Here's a checklist