{"id":1171,"date":"2025-09-10T00:00:00","date_gmt":"2025-09-10T00:00:00","guid":{"rendered":"http:\/\/www.inter-book.com\/?p=1171"},"modified":"2025-09-15T12:24:55","modified_gmt":"2025-09-15T12:24:55","slug":"kotak-alternate-assets-bids-rs-7400-crore-for-jaiprakash-power-ventures-complicating-vedantas-plans","status":"publish","type":"post","link":"http:\/\/www.inter-book.com\/index.php\/2025\/09\/10\/kotak-alternate-assets-bids-rs-7400-crore-for-jaiprakash-power-ventures-complicating-vedantas-plans\/","title":{"rendered":"Kotak Alternate Assets bids Rs 7,400 crore for Jaiprakash Power Ventures, complicating Vedanta's plans"},"content":{"rendered":"
Kotak Alternate Assets has emerged as the highest bidder for Jaiprakash Power Ventures’ preference shares and debt with a Rs 7,400 crore offer, potentially complicating Vedanta’s bid for Jaiprakash Associates Ltd. This move could hinder Vedanta’s influence over JP Power, a key asset in the JAL portfolio, as Kotak Alts could gain significant ownership, triggering an open offer. <\/p>\n","protected":false},"excerpt":{"rendered":"
Kotak Alternate Assets has emerged as the highest bidder for Jaiprakash Power Ventures’ preference shares and debt with a Rs 7,400 crore offer, potentially complicating Vedanta’s bid for Jaiprakash Associates<\/p>\n