Vedanta Share Price in Focus as Adani Enterprises Likely to Emerge Top Bidder for Jaiprakash Associates: Reports

Vedanta’s share price is likely to remain in focus this week as Adani Enterprises Ltd appears set to emerge as the highest bidder for Jaiprakash Associates Ltd (JAL) through the insolvency process.

Vedanta Limited’s share price was trading at ₹524.00, up 1.74% at 9:50 AM on the NSE from the previous close of ₹515.05, after hitting an intraday high of ₹526.60.

Adani’s Faster Payment Timeline Gains Edge

As per multiple news reports, Adani Enterprises’ plan to complete payments within two years is likely to be preferred by the Committee of Creditors (CoC) over Vedanta’s offer, which involves payouts over five years. 

The CoC evaluated all bids on parameters such as feasibility, value recovery, and stakeholder treatment, scoring Adani’s proposal the highest.

Background: JAL’s Insolvency Journey

Jaiprakash Associates, with business interests in real estate, cement, power, and hospitality, entered insolvency proceedings in June 2024, after defaulting on debt repayments. The National Company Law Tribunal (NCLT), Allahabad Bench, admitted the case under the Corporate Insolvency Resolution Process (CIRP).

Financial creditors have filed claims worth ₹60,000 crore, led by the National Asset Reconstruction Company Ltd (NARCL), which took over the stressed loans from a consortium of lenders headed by State Bank of India (SBI).

Read More: What Led to Jaiprakash Associates’ Insolvency Proceedings.

Strategic Value of JAL’s Assets

JAL owns prime assets including Jaypee Greens in Greater Noida, Jaypee Wishtown in Noida, and Jaypee International Sports City, strategically located near the upcoming Jewar International Airport. It also holds four cement plants in Madhya Pradesh and Uttar Pradesh, currently non-operational but with significant revival potential.

Additionally, JAL has stakes in several subsidiaries such as Jaiprakash Power Ventures Ltd, Yamuna Expressway Tolling Ltd, and Jaypee Infrastructure Development Ltd, which could enhance the overall asset value for the winning bidder.

Read More: Jaiprakash Associates Schedules 23rd Committee of Creditors Meeting on November 7, 2025.

Conclusion

With Adani Enterprises likely to emerge as the highest bidder for Jaiprakash Associates, attention turns to the final CoC vote and NCLT approval. 

The outcome will determine not only the future of the distressed infrastructure firm but also influence Vedanta’s near-term share performance, as markets digest the shifting dynamics of India’s infrastructure and cement sectors.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

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