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JBF Industries

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JBF group s continued delays in debt servicing on account of significant deterioration in the group s financial risk profile, resulting from losses in overseas operations and sustained delays in the commencement of operations at its purified terephthalic acid plant. the company has led to theclassification of its borrowings as non-performing assets by its lenders, declaration as wilful defaulter by one of the lenders and calling back of loans by some of the lenders. Please stay away if you can read and understand English.

11.47 PM Jul 14th
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