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Adani gets lenders’ nod to acquire Jaiprakash
Hindustan Times Chandigarh
|November 20, 2025
Billionaire businessman Gautam Adani-promoted Adani Enterprises said on Wednesday that the creditors of the bankrupt infrastructure firm Jaiprakash Associates have approved its takeover proposal.
The company did not disclose its bid value.
(REUTERS)
The company did not disclose its bid value.
Upon takeover, Adani Enterprises will have control over Jaiprakash Associates’ business spanning seven industries that had reported over ₹6,500 crore in revenue and over ₹35,000 crore in assets for FY25.
Adani will get 3,985 acres of land across Noida and Greater Noida in Uttar Pradesh, 6.5 million tonnes of cement capacity in Madhya Pradesh and Uttar Pradesh, and a 24% stake in Jaiprakash Power Ventures. A hospitality business with 867 rooms across five hotels in Delhi, Agra and Mussoorie and a construction and fertilizer plants are also part of the auction process.
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