Poging GOUD - Vrij
Adani Group's proposal to buy debt-ridden Jaiprakash Associates gets CCI's approval
Millennium Post Kolkata
|Kolkata 27August2025
The National Asset Reconstruction Company Ltd leads the list of claimants
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NEW DELHI: Fair trade regulator CCI on Tuesday said it has in principle approved Adani Group's acquisition of debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding.
The proposed combination relates to the acquisition of up to 100 per cent shareholding of Jaiprakash Associates Ltd (JAL) by Adani Enterprises Ltd (AEL) and Adani Infrastructure and Developers Pvt Ltd (AIDPL) or any other entity forming part of Adani Group, according to a release issued by the regulator on Tuesday.
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