JAL Resolution Plan Implementation: NCD Allotment, Equity Issuance

Jaiprakash Associates Limited's Monitoring Committee approved key steps for implementing the NCLT-approved resolution plan.
The committee allotted 2.49 billion unsecured NCDs to secured financial creditors with a 30-year tenure and 0.0001% interest.
Approved issuance of 5 million equity shares to Adani Infra (India) Limited as part of the capital restructuring.
Noted receipt of payments into a designated fund account for onward distribution to stakeholders.