Adani Expansion: The NCLT has approved Adani Enterprises ₹14,535 crore bid to acquire the bankrupt Jaiprakash Associates.- by BUSINESS KHABRI digital web desk[ BK/HO/01 ]
Adanis Infrastructure Play: NCLT Clears ₹14,535 Crore Takeover of Jaiprakash AssociatesIn a move that significantly reshapes Indias infrastructure landscape, according to the media reports,the National Company Law Tribunal (NCLT) has formally approved Adani Enterprises ₹14,535 crore resolution plan to acquire the debt-ridden Jaiprakash Associates Limited (JAL).The oral order, pronounced by the Allahabad bench on March 17, 2026, marks the culmination of a high-stakes insolvency battle and cements the Adani Groups dominance across several core sectors.The Deal at a GlanceThe acquisition is structured to provide immediate relief to lenders while securing a diverse portfolio of trophy assets for the Adani Group.Total Resolution Value: ₹14,535 c
