Jaypee Group Founder Backs Adani Group's JAL Bid

Jaypee Group founder Jaiprakash Gaur on Friday supported the lenders' decision to select Adani Group as the winner to acquire assets of bankrupt Jaiprakash Associates Ltd (JAL).

In a statement, Gaur said the committee of creditors have have selected Adani Group as the successful bidder for Jayprakash Associates Ltd (JAL) and "we fully respect the decision".

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