The Suraksha Group has injected Rs 125 crore into Jaypee Infratech Ltd, acquired through insolvency proceedings, to settle bank dues and finish around 20,000 flats in Delhi NCR. After gaining control earlier this month, the Mumbai-based group is set to commence construction and meet payments to the Yamuna Expressway Industrial Development Authority (YEIDA). Sudhir V Valia joins JIL’s board as a Non-Executive Director, with Aalok Champak Dave as Executive Director and Usha Anil Kadam as Independent Director.
Suraksha Group Invests Rs 125 Crore in Jaypee Infratech for Flats Completion
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