New Delhi : Business tycoon Gautam Adani has won the approval of creditors of Jaiprakash Associates (JAL) for its Rs 14,535 crore acquisition proposal for the bankrupt infrastructure group. Adani Enterprises, the flagship firm of Adani Group, outbid Vedanta and Dalmia Bharat to win the bid for JAL.

Adani Enterprises Gains Approval for Jaiprakash Associates Resolution Plan 🏗️📜 | MCap 3,18,633.29 Cr

- Committee of Creditors (COC) approved Adani Enterprises' Resolution Plan for Jaiprakash Associates Limited (JAL).

- Letter of Intent (LOI) issued to Adani Enterprises on… pic.twitter.com/hGsjyPFDfl — Investor Feed (@_Investor_Feed_) November 19, 2025

"The Committee of Creditors (COC) of Jaiprakash Associates Limited (JAL), a company undergoing Corporate Insolvency Resolution Process (

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