Intimation for convening of 18th meeting of CoC.
Awaiting price reaction for this filing.
Jaiprakash Associates Ltd has informed stock exchanges that the 18th meeting of its Committee of Creditors will be held on 1st August 2025. This meeting is part of the ongoing Corporate Insolvency Resolution Process (CIRP) after the National Company Law Tribunal admitted the company under Section 7 of the Insolvency and Bankruptcy Code, 2016. The filing is a routine procedural disclosure under SEBI listing regulations and does not contain any new financial or operational numbers. Shareholders should note that the company continues to be under insolvency proceedings with multiple CoC meetings already having taken place.
This is a procedural update and does not directly affect share price, but it confirms that the insolvency resolution process remains active. Any meaningful impact will depend on decisions taken at CoC meetings regarding the resolution plan, which could eventually determine recovery for equity shareholders.