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Adani among 26 in fray to acquire JAL

Mint Mumbai

|

April 07, 2025

Billionaire Gautam Adani's group, mining mogul Anil Agarwal's Vedanta, and yoga guru Baba Ramdev's Patanjali Ayurveda are among the 26 suitors looking to acquire Jaiprakash Associates Ltd (JAL).

Adani among 26 in fray to acquire JAL

Others who showed interest in acquiring Jaiprakash Associates, currently under insolvency proceedings initiated to recover defaulted loans, include Ahmedabad-based Torrent Group, Jindal Power, Dalmia Cement, GRM Business, Oberoi Realty, and Kotak Alternate

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