The Promoter group companies owned by Naveen Jindal and his family directly or indirectly have paid all its loan liabilities against Shares of JSP.
JSP has been informed that Promoter Group Companies that are part of Naveen Jindal Group, namely OPJ Trading Pvt Ltd, Opelina Sustainable Services Pvt Limited and Gagan Infraenergy Ltd. have fully repaid all the outstanding loans against shares. Through this repayment, the loan against share (LAS) for the Naveen Jindal Group now stands at Nil.
The loan repayment has been a part of the group's deleveraging strategy. The peak Loan against shares was approximately Rs. 1140 cr during Oct’18 which has been reduced to Nil.
Muslim Teen From Mumbai Ties Rakhi With Transplanted Hand To Brother Of Hindu Donor In Gujarat’s Valsad
Navi Mumbai Celebrates World Tribal Day With Vibrant Rally & Cultural Festivities
Navi Mumbai: Panvel Municipal Corporation Celebrates 'Har Ghar Tiranga' With Patriotic Events Ahead Of Independence Day
Thane: Prostitution Racket Busted At Massage Centre Near Kalyan Railway Station; 10 Women Rescued, 2 Arrested
