Jaiprakash Associates Limited has informed the Exchange about Corporate Insolvency Resolution Process - Intimation 14th meeting of CoC
Awaiting price reaction for this filing.
Jaiprakash Associates Limited has informed the stock exchanges that the 14th meeting of its Committee of Creditors (CoC) will be held on 19th June 2025. This meeting is part of the ongoing Corporate Insolvency Resolution Process (CIRP) that was admitted by the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The company is sharing this update under SEBI's Listing Obligations and Disclosure Requirements. The 14th CoC meeting indicates the insolvency process has been ongoing for a considerable period, with multiple rounds of creditor discussions already taken place.
For shareholders, this is a routine procedural update in an already-ongoing insolvency process. The stock remains under stress and the outcome of the resolution plan will be the key trigger for any meaningful price action.