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Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore plan | Collector
Adani Group pays Rs 6,000 crore to Jaiprakash lenders in first tranche of Rs 14,535 crore plan
Economic Times

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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