Jaiprakash Associates - Bina Power acquisition

With reference to the news item appearing in a leading financial daily titled "Jaypee group eyes Bina Power", Jaiprakash Associates Ltd has clarified that "in an expanding organization like ours, exploring new business opportunities is a continuous process. As a sequel to this effort, we keep examining various proposals including the one referred. The Stock Exchanges will be informed if and as soon as the proposal gets crystalised."