Jaiprakash associates to hold 28th AGM amid financial challenges

Jaiprakash Associates Limited will convene its 28th Annual General Meeting on Monday, September 29, 2025, at 11:30 A.M. through video conference/other audio visual means. Shareholders will be able to cast their votes remotely via e-voting, with the facility open from 9:00 A.M. on Friday, September 26, 2025, to 5:00 P.M. on Sunday, September 28, 2025.

The company's financial performance for the year ended March 31, 2025, shows total revenue of INR 3,406.89 Lakhs, down from INR 3,753.39 Lakhs in FY24, and a net loss of INR (4,933.36) Lakhs, compared to INR (1,536.26) Lakhs in FY24.

The company is currently undergoing a Corporate Insolvency Resolution Process (CIRP), initiated on June 3, 2024, by the National Company Law Tribunal. Despite these challenges, Jaiprakash Associates Limited continues to operate and pursue various projects in engineering, construction, cement manufacturing, power generation, real estate, and hospitality sectors. The company reported a total workforce of 7,150 permanent employees as of March 31, 2025.