JPASSOCIATNSEJaiprakash Associates Limited· ConstructionHighNegative
Announced Thu, 5 Feb, 2026 · 12:47 IST
Jaiprakash Associates reports loan defaults of over Rs 55,357 crore for January 2026
Price reaction
Awaiting price reaction for this filing.
AI summary
Jaiprakash Associates, already under corporate insolvency resolution since June 2024, disclosed loan defaults for January 2026. Total outstanding borrowings stand at about Rs 55,357 crore owed to multiple lenders including SBI, PNB, Axis Bank, NARCL, IDBI, Canara Bank and others. Lender claims are being filed and verified under the IBC process. The disclosure was filed under SEBI's November 2019 circular on default reporting.
Likely market impact
Equity holders face high risk of dilution or total loss as lenders pursue recovery under the ongoing insolvency resolution process.