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Adani Enterprises Reaches Creditor Approval for Jaiprakash Takeover

By BPN News Desk November 19, 2025
Gautam-Adani
Business
Adani Enterprises (AEL) has secured approval from the committee of creditors (CoC) for its ₹13,500 crore ($1.53 billion) takeover proposal of Jaiprakash Associates (JAL) through the ongoing insolvency resolution process. Creditors favoured Adani’s bid over higher offers—such as from Vedanta

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