Jaiprakash Associates Ltd

This is in continuation to our communications dated December 12 2022 and February 4 2023 regarding signing of binding Framework Agreement and definitive agreements by Jaiprakash Associates Limited (JAL) and its associate company with Dalmia Cement (Bharat) Limited (DCBL) wholly owned subsidiary of Dalmia Bharat Limited regarding divestment of the certain cement clinker and power plants for an aggregate Enterprise Value of Rs.5666 Crores in furtherance of Companys continuing endeavor to reduce its Debt.