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Vedanta tops Adani with ₹17,000 cr JAL bid

Mint Mumbai

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September 06, 2025

JAL entered insolvency in June 2024 after loan defaults; financial creditors claim ₹57,185 crore in unpaid dues

- PTI

Mining conglomerate Vedanta on Friday beat Gautam Adani's Group to make a winning bid for acquiring debt-ridden Jaiprakash Associates (JAL) for ₹17,000 crore, said people. The offer translates into a net present value (NPV) of ₹12,505 crore for JAL.

Mint Mumbai

यह कहानी Mint Mumbai के September 06, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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