Intimation under Regulation 30 of the SEBI (LODR), Regulations, 2015
Awaiting price reaction for this filing.
Jaiprakash Associates has informed stock exchanges that its Executive Director Manoj Gaur, who was arrested by the Enforcement Directorate in November 2025 in connection with a money laundering investigation under PMLA involving Jaypee Infratech and Jaiprakash Associates, has been granted 14 days of interim bail by the Additional Sessions Judge-7, Patiala House, New Delhi on 24th January 2026. The disclosure was made under Regulation 30 of SEBI LODR, continuing from an earlier intimation dated 13th November 2025.
This is a positive near-term development as the Executive Director has secured interim bail, reducing immediate management uncertainty. However, the underlying PMLA investigation against both Jaypee Infratech and Jaiprakash Associates remains ongoing, keeping legal and reputational overhang on the stock.