Jaiprakash Associates Shares in Focus; Reports Financial Indebtedness of ₹55,371 Cr as of Sep 30, 2025

Jaiprakash Associates Ltd informed the BSE and NSE through its filing dated October 7, 2025 about defaults in payment of interest and repayment of principal on loans taken from banks and financial institutions for the quarter ended September 30, 2025.

Jaiprakash Associates Defaults Under CIRP

JAL submitted Form C2 detailing its defaults.

• Total financial indebtedness of the company stood at ₹55,371.21 crore as of September 30, 2025.
• Details of loan defaults and revolving facilities (including cash credit) were provided, though specific amounts are under verification.
• The company clarified that since it is undergoing resolution under the Insolvency and Bankruptcy Code (IBC), all lenders are in the process of filing their claims, which are currently under verification.

Read More: Vedanta Outbids Adani With ₹17,000 Crore for Jaiprakash Associates.

Jaiprakash Associates Corporate Insolvency Background

JAL was admitted into Corporate Insolvency Resolution Process (CIRP) by the Hon’ble National Company Law Tribunal (NCLT), Allahabad Bench, on June 3, 2024.

Mr. Bhuvan Madan has been appointed as the Resolution Professional, overseeing the process and managing creditor claims.

The company’s massive debt burden and prolonged financial stress have led to extended negotiations between lenders and potential resolution applicants.

Jaiprakash Associates Share Price Performance

Jaiprakash Associates (NSE: JPASSOCIAT) opened at ₹3.69 on October 8, 2025, up from the previous close of ₹3.52. The stock touched a high of ₹3.69 and a low of ₹3.69 during the session. It gained ₹0.17, a 4.83% increase, reflecting positive investor sentiment.

Read More: What Led to Jaiprakash Associates Insolvency Proceedings?

Conclusion

While Jaiprakash Associates continues to face heavy debt and remains under insolvency proceedings, its stock price movement highlights the market’s speculative interest in resolution-linked developments. Investors should approach with caution, given the ongoing defaults and the uncertainties associated with insolvency proceedings.

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