Jaiprakash Associates Ltd

Jaiprakash Associates Discloses Loan Defaults Amid CIRP ⚠️

- Disclosed defaults on interest/principal repayments to banks/financial institutions for quarter ended March 31, 2026

- Under Corporate Insolvency Resolution Process (CIRP) initiated by NCLT Allahabad on June 3, 2024

- Mr. Bhuvan Madan appointed as Resolution Professional

- Total financial indebtedness as of March 31, 2026: ₹55,357.39 crores

- Resolution plan submitted by Adani Enterprises Limited approved by NCLT on March 17, 2026