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Jaiprakash Associates announces change in directorate

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Capital Market
Last Updated : Nov 29 2016 | 12:02 AM IST

With effect from 28 November 2016

Jaiprakash Associates announced that IDBI Bank, has informed to the Company that it withdraws the nomination of Madhav Vasant Phadke from the Board of Directors and instead appoints Subrat Kumar Mohapatra, Chief General Manager, with effect from 28 November 2016, in terms of the provisions of the Loan Agreement executed with the said Bank.

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First Published: Nov 28 2016 | 4:29 PM IST

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