Adani Enterprises Gains Over 1% as CoC Clears Jaiprakash Associates Acquisition

traded over 1% higher in morning trade on 20 November 2025 following a major development in its acquisition pipeline. The Committee of Creditors (CoC) of Jaiprakash Associates, currently undergoing insolvency proceedings under the IBC framework, has officially approved the resolution plan submitted by Adani Enterprises. Further boosting sentiment, the company received a Letter of Intent (LOI) from the Resolution Professional on 19 November, marking a key step toward acquiring Jaiprakash Associates. The approval strengthens Adani Enterprises’ expansion strategy and adds momentum to its diversified portfolio. Investors welcomed the clarity, resulting in steady buying interest in the stock.