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Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore plan
Adani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,535 crore resolution plan. The payment follows judicial clearance and the dismissal of a rival bid. Lenders will receive a substantial amount after a long wait. This development is a key milestone in a lengthy insolvency case.
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economictimes.indiatimes.com
Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore plan
Adani Group has made a significant payment of ₹6,000 crore to lenders of Jaiprakash Associates. This marks the first installment of a ₹14,535 crore resolution plan. The payment…
- ·
newsbytesapp.com
Adani pays ₹6,000cr to lenders of Jaiprakash Associates
Adani Group has paid ₹6,000 crore to Jaiprakash Associates' lenders, marking the first tranche of its ₹14,535 crore resolution plan after receiving judicial clearance.