Jaypee offers 2000 shares for free to each homebuyer: Report
Jaypee group has reportedly offered 2,000 equity shares of Jaypee Infratech Limited for free to each homebuyer as part of its â¹10,000-crore proposal to revive its bankruptcy-hit real estate business. The group has also proposed to bear 50% of stamp duty on behalf of the homebuyers. Jaypee is currently facing legal proceedings over failure to deliver 32,000 flats on time.