Jaiprakash Associates Ltd
Jaiprakash Associates Resolution Plan Approved đź“‹
• NCLT Allahabad Bench gave oral approval on March 17, 2026
• Adani Enterprises is the successful resolution applicant (approved October 14, 2025)
• Company securities will be delisted from stock exchanges
• Shareholders receive NIL consideration due to insufficient liquidation value
• All existing share capital (equity, preference shares, warrants, convertible instruments) will be entirely cancelled
• Plan implementation effective within 90 days from approval date