20 Nov 2025 | 3 Mins Read
Adani shares increase 1% after Jaiprakash Associates debt cleared
Flipitmoney
Adani Enterprises' share price rose 1% to Rs 2,458 after receiving CoC approval for its Rs 14,500-crore resolution plan for Jaiprakash Associates, which owes about Rs 55,000 crore to lenders. The plan was favored due to higher upfront payments, despite being Rs 500 crore lower in net present value than Vedanta's bid.