NCLT approves Adani Enterprises' ₹14,535 cr acquisition of Jaiprakash Associates
after close1 source ↓written by the desknot a recommendation
- Acquisition value
- ₹14,535 crore
The National Company Law Tribunal (NCLT) approved Adani Enterprises' ₹14,535 crore bid to acquire Jaiprakash Associates through insolvency. This decision follows the Committee of Creditors' approval of the resolution plan, which outbid competitors like Vedanta and Dalmia Bharat. This acquisition strengthens Adani's position in the infrastructure sector.
• NCLT order date: 17 Mar 2026
• Acquisition value: ₹14,535 crore
• Competitors: Vedanta, Dalmia Bharat
Not investment advice. For informational purposes only.