Disclosure of Default

Jaiprakash Associates Ltd has disclosed defaults on payment of interest and repayment of principal on loans from banks and financial institutions for the quarter ended 30 September 2025, as required under SEBI's November 2019 circular. The exact default amount has not been quantified, as the company states all lenders are currently filing their claims under the Insolvency and Bankruptcy Code (IBC), which are still under verification. The company's total financial indebtedness stands at approximately Rs 55,371.21 crore. JAL remains under the Corporate Insolvency Resolution Process (CIRP) following the NCLT Allahabad Bench order dated 3 June 2024, with Mr. Bhuvan Madan acting as the Resolution Professional.