On 9 November 2025 lenders to Jaiprakash Associates Ltd (JAL) selected Adani Enterprises Ltd as the likely highest bidder under India’s insolvency process, citing its plan to pay the acquisition amount in two years—versus rival Vedanta Ltd’s five‑year payment schedule. JAL’s business spans cement, power, real‑estate and road infrastructure, and the decision could move to a vote by the committee of creditors within weeks. Analysts say the outcome will affect how Indian infrastructure groups pursue leverage and acquisition strategies in the resolution market.