Highlights:

• Adani Group expressed his desire to acquire Jaiprakash Associates Ltd (Jal).
• The National Company Law Tribunal (NCLT) directed the entire Jal to acquire as a single unit.
• Jal's total outstanding loan has reached Rs 55,493.43 crore.
• Banks and financial institutions transferred their outstanding loans to NARCL.
• Adani Group is also involved in the conversation of Emaar India.

Adani Group's eye on Jaypee Group's bankrupt company Jal, what will be the next move?

Adani Group and Jaypee Group's entire case

One of the largest business groups in the country Adani Group Now JAL Has expressed his desire to acquire. This is the same company that Cement, Power, Hotel, Construction and Real Estate Was in business but due to heavy loans, it was declared bankrupt. 3 June 2024 To National Company Law Tribunal (NCLT), Allahabad Bench By this Corporate Insolvency Solution Process (CIRP) Included in

According to sources, Adani Group Done JAL For acquisition of Expression of Interest (EOI) Is presented. Before that, NCLT Decided that JAL The acquisition will be done in full form, not by dividing it into separate verticals.

Jal's debt burden and banking crisis

JAL But 55,493.43 crore rupees loan loan It is, banks to deal with it National Asset Reconstruction Company Ltd (NARCL) Has transferred

Major banks involved in this consortium:

• SBI, ICICI Bank, IDBI Bank, Axis Bank, LIC, Canara Bank
• Bank of Maharashtra, IFCI, PNB, UCO Bank, South Indian Bank
• Punjab & Sind Bank, J&K Bank, SIDBI, Standard Chartered Bank
• Bank of India, Indian Overseas Bank, IndusInd Bank, Bank of Baroda
• Union Bank of India, Central Bank of India, और SREI Equipment Finance Ltd.

Adani Group's expansion policy and potential strategy

Adani Group Already Cement and infrastructure sector Has made a big investment. Adani Cement Its business is already growing in the name of, and if JAL If the acquisition is successful, then it Adani Group To Real estate and infrastructure will further strengthen the sector.

Adani Group Only JAL Not only, but located in Dubai Emaar Properties Indian unit of Emaar India Also involved in the acquisition conversation. This step Adani Group of Real estate industry May be part of the expansion plan.

Jaypee Group has suffered bankruptcy before

JAL except, Jaypee Group Another major company of Jaypee Infratech Has also gone through bankruptcy. This Mumbai -based suraksha group Had acquired.

What will be the biggest advantage for Adani Group?

If this deal is successful, then Adani Group Can have the following advantages:

1. Large stake in cement and construction sector
2. Effective expansion in real estate sector
3. Edge on competitors
4. Maximum use of Jal's properties
5. Better relations with banking and financial institutions

Experts' opinion on this deal

According to financial analysts, this acquisition Adani Group Can play an important role in expansion of. however, Handling such a large loan will be a challenging task.

Will this deal affect the stock market?

Any such major acquisition is seen in the stock market. If Adani Group By JAL If the acquisition is successful, then Adani Group Companies of companies may see a surge. There itself, JAL Investors of Kon can also get relief.

FAQs

1. Adani Group JAL Why do you want to buy?

Adani Group, JAL Of Cement, Real Estate and Construction Business Seeing the possibilities in, which can increase its market share.

2. JAL But how much loan is there?

JAL But 55,493.43 crore loan loan Is, which has put it in financial crisis.

3. what NCLT Done JAL Ordered to divide into different companies?

No, NCLT Done JAL Has directed to acquire as a complete company.

4. Adani Group And who can acquire?

Adani Group Emaar India Is also planning to acquire.

5. Will this acquisition affect the stock market?

Yes, if this deal is successful, then Adani Group The shares can be seen in a bounce.

Adani Group By JAL This deal of acquisition of India's infrastructure and cement sector can bring a major change. However, it also has many challenges, especially To handle heavy debt. Now it will be interesting to see if Adani Group To this deal Successfully Can complete it or not.

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