Jaiprakash Associates Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
Jaiprakash Associates Limited has informed the exchanges that the 19th meeting of its Committee of Creditors (CoC) will be held on 22nd August 2025. The company is currently undergoing 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. This intimation is being made under SEBI Listing Regulations. The filing confirms the company remains in active insolvency proceedings with creditors meeting regularly to decide on the resolution plan.
This is a routine procedural update within an ongoing insolvency process. For shareholders, the company continues to be under CIRP, meaning equity remains highly risky and dependent on the outcome of the resolution process approved by creditors.