24th Meeting of CoC.
Awaiting price reaction for this filing.
Jaiprakash Associates Ltd has informed stock exchanges that the 24th meeting of the Committee of Creditors (CoC) will be held on 14th November 2025. The company is undergoing Corporate Insolvency Resolution Process (CIRP) following an order passed by the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code, 2016. This is a routine intimation under SEBI listing regulations regarding the ongoing insolvency proceedings and the scheduled CoC meeting.
This is a procedural update for an existing insolvency case and signals continued progress of the CIRP. Shareholders should note that their equity is at significant risk as resolution proceedings advance, with the outcome depending on the restructuring plan approved by creditors.