15 Jun 2026
Jaiprakash Associates will delist from the BSE and NSE on 18 June after the NCLT-approved resolution plan, which leaves existing shareholders with zero consideration.
The plan, won by the Adani group, wipes out equity holders entirely as the company exits a debt load above 57,000 crore rupees. It is a clean reminder of how insolvency resolutions treat the bottom of the capital stack.
Finvezto Membership

Get the research behind the notes

Stock notes are the free daily layer. The membership carries the full Flexi-Wealth system: an ETF core portfolio with monthly rebalancing signals, fifteen quality-momentum stocks with exact weightages every month, options income and hedging recommendations, and the institutional data toolkit. One flat membership covers everything.

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630. Stock notes are market commentary for general information and education. They are not investment advice, not a recommendation to buy or sell, and do not account for any individual's financial situation. Investment in securities is subject to market risks. Please read all related documents carefully before investing. Past performance is not a guarantee of future results.