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Jaiprakash Associates LimitedOthers, 12-08-2025: Corporate Insolvency Resolution Process

12-08-2025 | 05:22 pm

Jaiprakash Associates' Committee of Creditors (CoC), currently undergoing Corporate Insolvency Resolution Process, has approved key resolutions through e-voting. The CoC ratified budgeted cash outflows for July 01 to September 30, 2025, ensuring business continuity as a 'going concern,' with 88.70% approval. They also approved fees for a tax consultant and a facility management consultant for real estate projects, both with 88.70% voting. Additionally, the CoC ratified a 10-day extension for site/location visits, securing 92.31% approval. These approvals are crucial for the company's operational management and progression through its insolvency resolution.

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