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| Exchange Disseminated Time | Jaiprakash Associates Limited, a member of the promoter group of Jaypee Infratech Ltd ("JIL"), has informed to BSE that Jaiprakash Associates Limited wish to offer 27,864,584 equity shares of face value Rs. 10 each of JIL for sale to meet the minimum public shareholding requirements as issued by SEBI ("OFS Shares"). In addition to the OFS Shares, the Seller may also sell up to 70,619,430 equity shares of face value of Rs. 10 each of JIL in the OFS (the "Additional Shares" and together with the OFS Share, the "Shares").
In relation to the above, Jaiprakash Associates Limited has submitted to BSE a notice of the OFS to the stock exchanges. |
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