Jayaswal Neco Industries announced that the company has been intimated by Oriental Bank of Commerce thatit has assigned its Debt of the Company to Assets Care & ReconstructionEnterprise.
With this Debt assignment (together with earlier six Debt assignments alreadyintimated to the Stock Exchanges),Assets Care & Reconstruction Enterprise has acquired around 91.65% of the Principal Outstanding debt as on date of theCompany.
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