Acquiring Company
Adani Global Limited
Acquired Company
Jaiprakash Associates Ltd (JAL)
AhmedabadNoidaEnergyOil And GasArtificial IntelligenceTransportationRenewable EnergyBlockchainSolarConsultingMiningLogisticsBiomass EnergyUtilitiesReal EstateConstructionDescription
Adani Enterprises has emerged as the successful bidder for Jaiprakash Associates Ltd, securing over 89% support from creditors. The resolution plan involves an upfront payment of approximately ₹6,000 crore and a repayment period of two years. Jaiprakash Gaur has expressed confidence in the leadership of the Adani Group following this transition.
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Who to call at Adani Global Limited, and when
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Frequently asked
Who acquired Jaiprakash Associates Ltd (JAL)?
Jaiprakash Associates Ltd (JAL) was acquired by Adani Global Limited, based in Ahmedabad. The deal was reported on April 10, 2026. Adani Global Limited is a subsidiary of Adani Enterprises, focusing on diverse business sectors including metals and mining. The company aims to enhance its operations in alumina extraction and aluminium smelting. Adani Global Limited is privately held and operates in Energy.
When did Adani Global Limited acquire Jaiprakash Associates Ltd (JAL)?
Adani Global Limited's acquisition of Jaiprakash Associates Ltd (JAL) was reported on April 10, 2026. Adani Enterprises has emerged as the successful bidder for Jaiprakash Associates Ltd, securing over 89% support from creditors. The resolution plan involves an upfront payment of approximately ₹6,000 crore and a repayment period of two years. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Jaiprakash Associates Ltd (JAL) do?
Jaiprakash Associates Ltd is a conglomerate engaged in various sectors such as real estate, cement manufacturing, hospitality, and engineering & construction. It is privately held, operating in Real Estate, and is based in Noida.
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