22nd Meeting of CoC.
Awaiting price reaction for this filing.
Jaiprakash Associates has informed stock exchanges that the 22nd meeting of its Committee of Creditors will be held on 15th October 2025. This meeting is part of the ongoing Corporate Insolvency Resolution Process (CIRP), which was admitted by the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The filing is a routine regulatory disclosure under SEBI listing rules. The fact that this is the 22nd CoC meeting indicates the insolvency resolution process is still in progress.
Shareholders should note that the company remains under insolvency proceedings, meaning equity value continues to face significant risk. The prolonged CIRP with multiple CoC meetings signals ongoing uncertainty and resolution delays, which is typically negative for existing equity holders.