HighNegative
Announced Thu, 18 Jun · 12:21 IST

JAL shares delist from BSE and NSE today: Will its 6.5 lakh shareholders get anything?

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Jaiprakash Associates shares were delisted from the BSE and NSE on Thursday, marking the end of one of India's longest-running insolvency cases. The delisting follows the acquisition of the debt-laden company's assets by Adani Group. The company received final approval from both exchanges, leaving its around 6.5 lakh shareholders with uncertainty over any recovery.