26th Meeting of CoC.
Awaiting price reaction for this filing.
Jaiprakash Associates Ltd has informed stock exchanges that the 26th meeting of its Committee of Creditors (CoC) will now be held on 12th February 2026. The meeting is being convened under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), following the National Company Law Tribunal's (NCLT) admission of the company into the Corporate Insolvency Resolution Process (CIRP). This is an update to the company's earlier intimation dated 6th February 2026 regarding the same meeting.
The company remains under insolvency resolution, meaning creditors' decisions drive key actions rather than management/promoters. Shareholders face continued uncertainty over equity value, recovery prospects, and potential resolution plan, which typically keeps the stock highly volatile and risky.