Vedanta gets CCI's nod to acquire Jaiprakash Associates
October 14, 2025
The Competition Commission of India has given the green light for Vedanta Limited to acquire Jaiprakash Associates Limited as part of a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
The Competition Commission of India has approved Vedanta Limited's acquisition of Jaiprakash Associates Limited following a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
“The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer) pursuant to a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC),” the Commission said in a release on Tuesday, October 14.
(This is a developing story. Check back for further updates.)
“The Proposed Combination envisages acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited (Acquirer) pursuant to a corporate insolvency resolution process (CIRP) under the Insolvency and Bankruptcy Code, 2016 (IBC),” the Commission said in a release on Tuesday, October 14.
(This is a developing story. Check back for further updates.)