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Adani Group, Vedanta and Patanjali among 26 in fray to acquire Jaiprakash Associates
Millennium Post Delhi
|New Delhi 07April2025
Creditors claim a total of a staggering Rs 57,185 crore
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NEW DELHI: 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).
Others who showed interest in acquiring JAL, 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 Asset Managers Ltd, according to a filing by the company to stock exchanges.
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