Jaiprakash Associates Limited has informed the Exchange about Corporate Insolvency Resolution Process_Intimation of 16th CoC
Awaiting price reaction for this filing.
Jaiprakash Associates Limited has informed the exchanges that the 16th meeting of the Committee of Creditors (CoC) will be held on 1st July 2025. This meeting is being conducted under the ongoing Corporate Insolvency Resolution Process (CIRP), which was admitted by the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code, 2016. The disclosure is being made under SEBI's Listing Obligations and Disclosure Requirements Regulations, 2015. The filing is purely procedural, notifying the market about the upcoming CoC meeting date.
Routine procedural update — no new resolution or decision is being announced. Shareholders should note that the company remains under insolvency proceedings, which continues to carry significant uncertainty regarding recovery and the eventual resolution plan.