ANSALAPI NSE filing

Ansal Properties: 50th Committee of Creditors Meeting for Fernhill Project on March 23, 2026

The RealCase readMedium impact Neutral

Ansal Properties will hold the 50th Committee of Creditors meeting for its Fernhill project on March 23, 2026. The company's Corporate Insolvency Resolution Process has been confined to specific projects.

Why it matters

The announcement pertains to a meeting of creditors for a specific project under CIRP, which is a significant ongoing process for the company. While not directly impacting current operations, it's a step in the resolution process.

The market read

The announcement is a routine update regarding a meeting for a project under Corporate Insolvency Resolution Process, with no new financial information or significant operational changes disclosed.

Ansal Properties and Infrastructure Limited (APIL) has announced that the 50th Meeting of the Committee of Creditors for its 'Fernhill project', located in District Gurgaon, Haryana, is scheduled to be held on March 23, 2026. This meeting is being held in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Previously, the Corporate Insolvency Resolution Process (CIRP) for APIL was admitted by the Hon'ble National Company Law Tribunal (NCLT), New Delhi, on November 16, 2022. However, vide an order dated January 13, 2023, the Adjudicating Authority confined the CIRP to the 'Fernhill project' in Gurgaon.

Further updates indicate that as of January 7, 2026, the CIRP has been confined to the Lucknow and Rajasthan projects of the company, following a settlement agreement dated March 3, 2022, between IL&FS Financial Services Limited and APIL. These projects are managed by Resolution Professional Shri Navneet Kumar Gupta. Additionally, the Resolution Plan for the Serene Residency Group Housing Project in Greater Noida was approved by the NCLT on October 6, 2025, and this project is also managed by Shri Navneet Kumar Gupta.

The Fernhill Project in Gurgaon is managed by Resolution Professional Shri Jalesh Kumar Grover.

Filing to action

What to do with a filing like this

Ansal Properties & Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.

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Primary source

A plain-language summary of a public exchange filing by Ansal Properties & Infrastructure Limited. Read the original for the full detail.

View original filing