Adani Ports Expresses Interest in Becoming Implementing Entity in Jaiprakash Associates' Resolution Plan

Adani Ports and Special Economic Zone Ltd has expressed its in-principle interest in becoming one of the Implementing Entities under the approved resolution plan of Jaiprakash Associates Limited. This interest is for acquiring certain aviation assets and indirect control over Kanpur Fertilizers and Chemicals Limited, which has industrial and commercial lands in Kanpur, from JAL. This decision is part of the ongoing corporate insolvency resolution process of JAL under the Insolvency and Bankruptcy Code, 2016. The order for the same was passed by the Hon’ble National Company Law Tribunal, Allahabad bench, Prayagraj on March 17, 2026.