Voting Results of 25th Meeting of CoC.
Awaiting price reaction for this filing.
Jaiprakash Associates, currently under Corporate Insolvency Resolution Process (CIRP), has disclosed the voting results of its 25th CoC meeting. Three resolutions were put to e-voting between 21st and 24th December 2025, and all were approved with 85.43% votes in favour, well above the 51% threshold required. The approved items are: (1) payment of cost for the Insolvency Professional's insurance policy, (2) ratification of the operational budget for October–December 2025, and (3) fee payable to the authorized representative of homebuyers for attending sub-committee meetings. All three items relate to insolvency resolution process costs payable under the IBC.
This is a routine procedural update within the ongoing insolvency process and does not signal any progress on a resolution plan. Shareholders remain in a wait-and-watch mode with no new clarity on the company's revival or debt resolution timeline.