Jaiprakash Associates Ltd

⚠️ Jaiprakash Associates Discloses Loan Defaults Amid CIRP Process

• Disclosed loan payment defaults as of March 2026

• Total outstanding borrowings: ₹55,357.39 crores

• Under corporate insolvency resolution process (CIRP) since June 3, 2024

• Adani Enterprises' resolution plan approved by NCLT on March 17, 2026

• Major lenders include NARCL, Axis Bank, SBI, and ICICI Bank