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Last Updated : Oct 06, 2016 10:32 AM IST | Source: Moneycontrol.com

JP Power Ventures up 10%, board to consider debt restructuring

The company's board meeting will be held on October 06, 2016, to consider the recommendations of committee of directors regarding proposals of restructuring including divestment of one or more units and review the progress made in the reduction of company‘s debt.

 
 
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Moneycontrol Bureau

Shares of Jaiprakash Power Ventures added 10 percent intraday Thursday as it board is going to consider restructuring of its business.

"The company's board meeting will be held on October 06, 2016, to consider the recommendations of committee of directors regarding proposals of restructuring including divestment of one or more units and review the progress made in the reduction of company’s debt," as per BSE release.

At 10:05 hrs Jaiprakash Power Ventures was quoting at Rs 4.51, up Rs 0.37, or 8.94 percent on the BSE.

Posted by Rakesh Patil



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First Published on Oct 6, 2016 10:18 am
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