Date: October 09, 2026
Legal / Strategic Disclosures
NCLT Proceedings Update
Case 1: CP No. 64/ALD/2023
- Legal Basis: Filed under Sections 241/242 & 244 of Companies Act, 2013
- Hearing Date: October 07, 2026
- Status: Senior Counsel Sh. C.A. Sundaram (representing Petitioners) continued arguments while rejoining in rebuttal
- Next Hearing: October 26, 2026 at 12:30 PM
- Presiding Bench: Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical)
Case 2: CP No. 57/ALD/2025
- Legal Basis: Filed under Sections 241/242 & 244 of Companies Act, 2013
- Hearing Date: October 07, 2026
- Status: Adjourned at request of learned counsels representing the parties
- Next Hearing: October 26, 2026 at 12:30 PM
- Presiding Bench: Sh. Praveen Gupta (Hon'ble Member Judicial) and Sh. Ashish Verma (Hon'ble Member Technical)
Legal Representation Details:
- For Petitioners in CP 64/2023: Sh. C.A. Sundaram (Sr. Adv.) assisted by multiple advocates
- For Respondents in various capacities: Multiple senior advocates including Sh. Darius Khambata, Sh. Jayant Mehta, Ms. Ruby Singh Ahuja, and Ms. Anusha Nagarajan with their respective legal teams
Regulatory Context:
- Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Follow-up to previous disclosure made on September 03, 2026 under Regulations 30(3), 30(4) read with Para B, Part A of Schedule III
- Order copy dated October 07, 2026 received on October 09, 2026 around 12:45 PM enclosed with filing
Next Steps:
- Company will provide next disclosure/update when there is material development in the proceedings
- Information uploaded on corporate website (www.jplcorp.in) and stock exchange websites (NSE, BSE)