Ansal Properties to hold 52nd Committee of Creditors meeting for Fernhill project on May 20, 2026
Ansal Properties and Infrastructure Limited will hold the 52nd Committee of Creditors meeting for its Fernhill project on May 20, 2026. The company's Corporate Insolvency Resolution Process has been confined to Lucknow and Rajasthan projects.
This is a routine procedural meeting related to an ongoing insolvency process and does not represent a new development or a significant change in the company's operational or financial status that would have a material impact.
The announcement is a procedural update regarding a meeting for a specific project under insolvency resolution and does not contain new financial information or significant operational changes that would positively or negatively impact the company's outlook.
Ansal Properties and Infrastructure Limited (APIL) has announced that the 52nd Meeting of the Committee of Creditors for its 'Fernhill project', located in District Gurgaon, Haryana, is scheduled to be held on May 20, 2026. This meeting is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Previously, by an order dated January 13, 2023, the Hon'ble National Company Law Appellate Tribunal (NCLAT) had confined the Corporate Insolvency Resolution Process (CIRP) to the 'Fernhill project'. APIL was initially admitted into CIRP on November 16, 2022, by the Hon'ble National Company Law Tribunal (NCLT), New Delhi.
Further updates indicate that as per a Hon'ble NCLAT order dated January 7, 2026, the CIRP has been confined to 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 Serene Residency Group Housing Project in Greater Noida, UP, is also managed by Shri Navneet Kumar Gupta, with its Resolution Plan approved by the NCLT on October 6, 2025. The Fernhill Project in Gurgaon is managed by Resolution Professional Shri Jalesh Kumar Grover.
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 low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Ansal Properties & Infrastructure Limited. Read the original for the full detail.