<ul><li>Lenders of Jaiprakash Associates extend deadline for submission of resolution plan to June 24 on request of prospective bidders.</li><li>25 companies have shown interest in acquiring Jaiprakash Associates, including Adani Enterprises, Vedanta, and Patanjali Ayurveda.</li><li>Jaiprakash Associates, with diverse business interests, was admitted to Corporate Insolvency Resolution Process in 2024 due to loan payment defaults.</li><li>National Asset Reconstruction Company Ltd leads list of claimants after acquiring stressed JAL loans from a consortium of lenders, totaling Rs 57,185 crore.</li></ul>

Jaiprakash Associates Insolvency: Lenders Extend Resolution Plan Deadline To June 24

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