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Trading - Minerals
Acquisitions17 Mar 2026, 03:27 pm

Adani Enterprises Gets NCLT Approval for Jaiprakash Associates' Resolution Plan

AI Summary

Adani Enterprises Ltd has received approval from the National Company Law Tribunal (NCLT) for its resolution plan for Jaiprakash Associates Limited. The approval was given on March 17, 2026, under Section 31 of the Insolvency and Bankruptcy Code, 2016. The plan was submitted by Adani Enterprises Limited on October 14, 2025, and was approved after considering email clarifications dated November 5, 2025. The Adani Entities, including Adani Power Limited, Adani Infra (India) Limited, Adani Ports and Special Economic Zone Limited, Karnavati Aviation Private Limited, and Mandhata Build Estate Private Limited, or through any special purpose vehicle or any entity identified by AEL, may implement the resolution plan.

Key Highlights

  • Adani Enterprises receives NCLT approval for Jaiprakash Associates' resolution plan
  • Approval given under Section 31 of the Insolvency and Bankruptcy Code, 2016
  • Resolution plan submitted by Adani Enterprises Limited on October 14, 2025
  • Adani Entities may implement the resolution plan
  • Approval based on email clarifications dated November 5, 2025
ADANIENT
Trading - Minerals
ADANI ENTERPRISES LTD.

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