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Adani Ports to implement Jaiprakash Associates insolvency plan

Adani Ports has expressed interest in becoming an implementing entity in the insolvency resolution plan for Jaiprakash Associates, approved by the NCLT on 17 Mar 2023. This move indicates Adani Group's strategy to acquire strategic assets through bankruptcy proceedings.

after close1 source ↓written by the desknot a recommendation

the plan
17 Mar 2023

Adani Ports and Special Economic Zone Ltd has shown in-principle interest in becoming an implementing entity for the insolvency resolution plan of Jaiprakash Associates Limited. The National Company Law Tribunal approved the plan on 17 Mar 2023, allowing Adani to nominate entities for asset acquisition. APSEZ is evaluating the acquisition of specific aviation assets from JAL.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 20 Mar 2026, 16:06 IST.

Sourcesnews.google.com

The market after the news

ADANIPORTS closed −4.5% on the day of the news, from ₹1,365.40 to ₹1,303.60; Nifty −2.6% over the same session; futures OI −1.8%.

Bulletin at 16:06 IST on 20 Mar 2026. Every change is measured from ₹1,365.40, the last close before it, on 20 Mar. Nifty 50 is measured over the same sessions.

  • ADANIPORTS close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
ADANIPORTS closes around the bulletin against the close before the news, with Nifty 50 rebased to it121713651513axis spans 24%before the news · 20 Mar1365Nifty 50ADANIPORTSbulletinD0+1+3+516 Mar27 Mar9 AprFutures open interest, lotspeak 46,000Reference close ₹1,365.40. 16 sessions from 16 Mar to 9 Apr; the price axis spans 24 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Mar₹1,365.40basebase
On the day23 Mar₹1,303.60▼ −4.5%▼ −2.6%−1.9 pp difference
+1 session24 Mar₹1,344.20▼ −1.6%▼ −0.9%−0.7 pp difference
+3 sessions27 Mar₹1,337.80▼ −2.0%▼ −1.3%−0.7 pp difference
+5 sessions1 Apr₹1,385.40▲ +1.5%▼ −1.9%+3.3 pp difference
Gap at the open, % · ₹
▼ −1.1%−15.43 on 23 Mar
Day's range, % · ₹
4.1%≈ 57 high to low
Volume on the day
1.26×the 20-session average
Futures OI on the day
▼ −1.8%−780 lots · long unwinding · price −4.5%
Futures OI open, lots
43,00023 Mar · 30 Mar expiry
Futures premium, ₹
0.000.0% to spot
Puts per call, by OI
0.68from 0.71 the session before
Max pain
1,420from 1,440 the session before

Source NSE UDiFF bhavcopy · ADANIPORTS on the desk →

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