Jaiprakash Associates Shares Delisting on June 18, 2026; Nearly 6.5 Lakh Shareholders to Be Affected

Jaiprakash Associates Ltd (JAL) is to be delisted from the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) with effect from June 18, 2026, after receiving final approval from both exchanges.  

The company informed through a regulatory filing dated June 15, 2026, that its equity shares will no longer remain listed from the scheduled date under the approved insolvency resolution process. 

Existing Equity Shares to Be Cancelled 

As per the news reports, the approved resolution plan provides for the extinguishment of the company's existing shareholding structure. As a result, nearly 6.5 lakh shareholders will lose their shareholding, with no payment or compensation proposed under the plan.  

The present equity structure will cease to exist after the delisting. 

Delisting Linked to Insolvency Resolution 

The company's removal from the stock exchanges follows the resolution plan approved by the National Company Law Tribunal (NCLT), Allahabad Bench.  

Separate notices issued by the BSE and NSE confirmed that trading in the shares will end on June 18, 2026, after compliance with the tribunal's order. 

Adani Group's Bid Received Approval 

The insolvency process concluded with the Committee of Creditors selecting the Adani Group's ₹14,535 crore resolution plan over Vedanta's competing resolution proposal.  

Read More: Air India Unveils 'Basic' Fare Option in Economy Class Without Complimentary Meals on Select Domestic Flights! 

Conclusion 

Jaiprakash Associates Limited (JAL) was a major conglomerate with a diverse portfolio including construction, real estate, power, hospitality, and a Formula One racing track. With the insolvency resolution reaching its final stage, Jaiprakash Associates shares will be removed from the stock exchanges on June 18, 2026. 

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