Jaiprakash associates Limited has filed its monthly disclosure of defaults on payment obligations, revealing total outstanding borrowings of ₹55,357.39 crores as on January 14, 2026. The company submitted this mandatory filing to BSE and NSE on February 5, 2026, in compliance with SEBI circular requirements for companies under insolvency proceedings.

Financial Obligations and Outstanding Debt

The company's disclosure presents a comprehensive overview of its financial position while operating under the Corporate Insolvency Resolution Process. The filing indicates that both outstanding borrowings from banks and financial institutions and total financial indebtedness stand at the same amount.

Lender Portfolio and Obligations

The company maintains obligations across a diverse portfolio of financial institutions. The disclosure identifies multiple categories of lenders involved in the resolution process.

Key Lenders Include:

• National Asset Reconstruction Company Limited (NARCL)
• Major public sector banks: State Bank of India, Punjab National Bank, Bank of Maharashtra, Canara Bank, Bank of Baroda
• Private sector banks: ICICI Bank Limited, Axis Bank Limited, Yes Bank Limited
• Regional banks: The Jammu & Kashmir Bank Limited, Indian Overseas Bank, IDBI Bank Limited
• Asset reconstruction companies: Asset Care & Reconstruction Enterprise (ACRE) Limited, Asset Reconstruction Co India Ltd (ARCIL)
• International institutions: DBS Bank India Limited, The Bank of New York Mellon

Corporate Insolvency Resolution Process Status

Jaiprakash Associates has been operating under the Insolvency and Bankruptcy Code 2016 since June 3, 2024, following an order from the National Company Law Tribunal, Allahabad Bench. The resolution process continues under the supervision of appointed Resolution Professional Bhuvan Madan.

The Committee of Creditors confirmed Bhuvan Madan's appointment as Resolution Professional during their second meeting held on July 30, 2024, with 87.72% voting share approval. All lenders are currently in the process of filing their claims, which remain under verification as part of the standard insolvency resolution procedure.

Regulatory Compliance and Disclosure

The monthly disclosure filing demonstrates the company's continued compliance with SEBI regulations despite operating under insolvency proceedings. The disclosure follows the specified Format C1 for default in loans, covering various types of obligations including term loans, working capital term loans, and fund-based/non-fund-based facilities. The filing was signed by Som Nath Grover, Vice President & Company Secretary, and countersigned by Resolution Professional Bhuvan Madan, ensuring proper authorization and regulatory compliance throughout the insolvency resolution process.

Jaiprakash Associates Limited has informed stock exchanges that its Executive Director Manoj Gaur has been granted interim bail in the ongoing Enforcement Directorate investigation. The development comes approximately two months after his initial arrest in a money laundering case.

Court Orders Interim Bail

The Hon'ble Court of Additional Sessions Judge-7, Patiala House, New Delhi granted Manoj Gaur a 14-day interim bail through an order dated January 24, 2026. The Executive Director has been released following this judicial decision.

Background of ED Investigation

The Enforcement Directorate had arrested Manoj Gaur on November 13, 2025, as part of an ongoing investigation under the Prevention of Money Laundering Act (PMLA). The investigation encompasses both Jaypee Infratech Ltd. and Jaiprakash Associates Ltd., with the ED examining potential money laundering activities involving these entities.

Regulatory Compliance and Disclosure

Jaiprakash Associates Limited filed the disclosure on January 25, 2026, through its Vice President & Company Secretary Som Nath Grover. The communication was sent to both major stock exchanges as part of mandatory regulatory requirements.

The company emphasized this disclosure as a continuation of its previous communication dated November 13, 2025, when it initially informed exchanges about the Executive Director's arrest. The latest update ensures stakeholders remain informed about significant developments affecting key management personnel under Regulation 30 of the SEBI Listing Regulations.