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NCLAT Dismisses Vedanta’s Appeal, Clears Way for Adani’s ₹14,535 Crore Takeover of Jaiprakash Associates

NCLAT rejects Vedanta plea, clears Adani’s Rs 14,535 crore JAL plan

November addendum deemed bid alteration; no irregularity found in insolvency process

May 4, 2026 18:00 IST

JAL RP tells NCLAT Vedanta not formally declared highest bidder

Vedanta vs Adani: Jaiprakash Associates’ RP says Vedanta was not declared highest bidder formally

In the Vedanta-Adani dispute over Jaiprakash Associates, the RP told NCLAT that no formal declaration named Vedanta as the highest…

April 17, 2026 18:54 IST

Jaypee Group founder Jaiprakash Gaur has supported the lenders' decision to select Adani Group as the winner to acquire assets of bankrupt Jaiprakash Associates

‘Fully respect decision’ – Jaiprakash Gaur backs Adani Group’s Rs 14,535 crore JAL bid

Jaiprakash Gaur has supports Adani’s winning bid for JAL assets as lenders prioritize execution certainty

April 10, 2026 15:51 IST

SC declines stay on JAL resolution

Adani plan continues; monitoring committee requires NCLAT approval for major moves.

April 6, 2026 19:03 IST

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‘We were informed, we won’: Anil Agarwal says Vedanta will pursue JAL bid reversal case

Vedanta JAL bid reversal case: Anil Agarwal says the firm will pursue legal options after losing Jaiprakash Associates insolvency bid…

Updated: March 30, 2026 13:39 IST

Adani Ports share price target 2026, Nomura Adani Ports report, ADSEZ stock news today

Adani Ports shows interest in acquiring select JAL assets; Stock up 2%

Adani Ports and Special Economic Zone has expressed in-principle interest in acquiring select assets of Jaiprakash Associates under the resolution…

March 20, 2026 12:05 IST

Adani Enterprises may pip Vedanta to emerge highest bidder for Jaiprakash Associates

Adani Enterprises likely to top Vedanta in bidding for Jaiprakash Associates; see who will win the crucial takeover—follow updates now.

Updated: November 10, 2025 10:19 IST

Vedanta Outbids Adani Group to Acquire Debt-Ridden Jaiprakash Associates for Rs 17,000 Crore. (Image Source: Reuters)

Vedanta outbids Adani to win JAL with Rs 17,000 crore bid

Mining giant Vedanta has emerged as the winning bidder for Jaiprakash Associates (JAL), acquiring the debt-laden company for ₹17,000 crore…

September 5, 2025 22:56 IST

Vedanta has beaten Adani Group to acquire debt-ridden Jaiprakash Associates (JAL) in a Rs 17,000 crore bid

Vedanta acquires Jaiparkash Associates in Rs 17,000 crore bid, beats Adani Group

Multiple companies participated in the bidding process for JAL, and Vedanta and Adani Group were the only two companies to…

September 5, 2025 19:56 IST

Adani Power Morgan Stanley target price 2025 forecast

Adani offers unconditional Rs 12,600 cr bid for Jaiprakash Associates; Dalmia front-runner but with caveats

Adani Group has submitted an unconditional Rs 12,600 crore bid for Jaiprakash Associates under the insolvency process, while Dalmia Bharat’s…

July 8, 2025 09:52 IST

Jaiprakash Associates, bidding, acquisition, CIRP, resolution plans, insolvency process, Adani Enterprises, Vedanta, Dalmia Bharat Cement, Jindal Power, PNC Infratech

Jaiprakash Associates receives five bids in insolvency process: Adani, Vedanta, Jindal among contenders

Jaiprakash Associates has received five bids along with earnest money for the acquisition of the company in its entirety. Here…

June 26, 2025 10:56 IST

Jaiprakash Associates defaults on Rs 4,044-crore loans

The company said it has been taking tangible steps to reduce the borrowings.

July 7, 2023 18:51 IST

Adani group in talks to acquire Jaiprakash Associates’ cement unit for Rs 5,000 crore

The deal will help consolidate the Adani Group’s sudden dominance in the cement sector, which started after it bought Ambuja…

October 10, 2022 11:53 IST

The apex court had also directed completion of the resolution process in 45 days, which lapsed on May 8. An application has been filed to extend the timeline for finding the buyer for JIL.

Jaypee Infratech insolvency: Lenders, homebuyers ask Suraksha group to improve bid

A Committee of Creditors (CoC) met on Saturday to discuss the revised bids of state-owned NBCC and Suraksha group for…

April 17, 2021 22:03 IST

Jaiprakash Associates shares soar 18% intraday on cement biz deal

Shares of Jaiprakash Associates surged as much as 17.67 per cent on Friday after the company announced part sale of…

Updated: April 1, 2016 16:46 IST

UltraTech Cement shares gains over 4 per cent on receiving RBI nod to hike FII stake to 30%

Jaypee Group sells cement plants to Ultratech for Rs 15,900 cr

Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900…

March 31, 2016 21:50 IST

Decks cleared for Jaiprakash Associates, Lafarge sales

With the Union Cabinet clearing a proposal to amend the MMDR Act to allow transfer of captive mining leases not…

Updated: March 11, 2016 01:35 IST

If govt relaxes rules for cement plants, it has to do the same for telecom

Given the spate of cement deals that have fallen by the wayside over the past few months – Aditya Birla’s…

March 9, 2016 12:29 IST

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