Adani Enterprises gets NCLT nod for JAL takeover

The National Company Law Tribunal has officially sanctioned Adani Enterprises' acquisition of Jaiprakash Associates, marking a historic moment in India’s insolvency landscape. Secured in November 2025, this takeover allows Adani Enterprises to take the helm of the struggling cement and infrastructure firm, setting the stage for a transformative era for Jaiprakash Associates.