Members of the Exchange are hereby informed that the trading in equity shares of Jaiprakash Associates Limited (ISIN: INE455F01025) shall be suspended w.e.f. March 18, 2026, pursuant to approval of the resolution plan by the Hon'ble National Company Law Tribunal (NCLT), Allahabad Bench
Awaiting price reaction for this filing.
Trading in Jaiprakash Associates Limited shares on the exchange will be suspended from March 18, 2026, after the National Company Law Tribunal (NCLT), Allahabad Bench approved the company's resolution plan under the insolvency process. The suspension means existing shares will no longer be tradable on the stock exchange. This typically results from the implementation of a resolution plan where the existing equity of the company is extinguished or significantly restructured. Shareholders may receive compensation or new shares as per the terms of the approved plan, but current equity is likely to be substantially written down or wiped out.
Existing shareholders face near-total to total loss of their equity value as the approved resolution plan typically extinguishes or drastically dilutes current shareholdings. The stock will become illiquid from March 18, 2026, and investors should expect limited or no recovery under the resolution plan terms.