Vedanta Ltd has acquired Jaiprakash Associates Limited for ₹4,000 Crore, with plans for phased payments over 5-6 years, following a successful bidding process.

Target Information

Vedanta Ltd has made a significant offer of ₹4,000 Crore for Jaiprakash Associates Limited (JAIL) following the approval from the National Company Law Tribunal (NCLT). In addition to this initial payment, Vedanta plans to disburse the remaining balance over a period of five to six years, according to sources.

This acquisition is part of a larger auction process initiated by lenders to identify potential buyers for JAIL, where Vedanta outbid competitors such as the Adani Group. The net present value (NPV) of Vedanta's bid stood at ₹12,505 Crore, highlighting the strategic value Vedanta perceives in JAIL's diversified operations across various sectors including real estate, cement production, power generation, hospitality, and infrastructure development.

Industry Overview

Jaiprakash Associates Limited operates in the Indian market, which has been witnessing transformative growth in infrastructure and allied sectors. The Indian government has been actively driving investments in infrastructure, posing promising