Jaiprakash Associates Limited has informed the Exchange about Corporate Insolvency Resolution Process = Post-facto Intimation for the Twelfth meeting of Committee ofCreditors (CoC)

Jaiprakash Associates Limited has informed the stock exchange about the 12th meeting of the Committee of Creditors held under the Corporate Insolvency Resolution Process (CIRP). The company is undergoing insolvency resolution, with lenders working on a revival or liquidation plan. This is a post-facto intimation, meaning the disclosure was made after the meeting was held. The continuation of CIRP meetings indicates that the resolution process is still ongoing and no final plan has yet been approved. Shareholders should note that during CIRP, the company's management is typically under the supervision of a resolution professional, and equity may be significantly diluted or wiped out depending on the outcome.