Updated Mar 19, 2025 12:15 IST
Adani, GMR, Dalmia Bharat, Vedanta among Jaiprakash Associates insolvency bidders, says report
Jaiprakash Associates Insolvency Bidders : Several major business groups are eyeing a potential acquisition in the infrastructure and cement space, signaling heightened interest in distressed assets. The development comes amid a court-monitored Jaiprakash Associates insolvency process, drawing attention from industry leaders looking to expand their footprint.
According to a report by ET, big names such as JSW, Dalmia Bharat, Jindal Power, Vedanta, GMR, Welspun, and Torrent have expressed interest in acquiring Jaiprakash Associates Ltd (JAL).
The company, once a key player in the sector, is undergoing insolvency…
