Ansal Properties Approves Financial Results, Appoints New Auditors and Directors

Ansal Properties Approves Financial Results, Appoints New Auditors and Directors​

Ansal Properties & Infrastructure Limited finalized several key corporate decisions during its Board meeting held on June 17, 2026, approving financial results spanning multiple financial years. The company also announced changes in board composition and appointed new statutory and cost auditors.

Financial Results Approval

The Board approved the Un-Audited Financial Results (Standalone and Consolidated) for the third quarter ended December 31, 2024, of the Financial Year 2024-25. These results were reviewed by Statutory Auditors M/s MRKS & Associates.

Additionally, the company approved the Audited Financial Results (Standalone and Consolidated) for the fourth quarter/year ended March 31, 2025, corresponding to the Financial Year 2024-25. The Board also noted the Statement of Impact of Audit Qualifications provided alongside these audited results.

For the subsequent Financial Year 2025-26, the company approved three standalone quarters:

• The Un-Audited Financial Results (Standalone) for the first quarter ended June 30, 2025.
• The Un-Audited Financial Results (Standalone) for the second quarter/half year ended September 30, 2025.
• The Un-Audited Financial Results (Standalone) for the third quarter ended December 31, 2025.

While the company has subsidiaries and other entities that could potentially be merged under IND-AS 110, management reported constraints in obtaining financial statements from these separate legal entities, resulting in the submission of standalone financial results only for the Q1, Q2, and Q3 periods of FY 2025-26.

Board Appointments and Governance Changes

The meeting saw several changes and appointments related to corporate governance:

• Director Status Change: The Board approved changing Smt. Kanta Devi's status from 'not liable to retire by rotation' to 'liable to retire by rotation,' effective June 17, 2026.
• Auditor Appointments: M/s Roni & Associates was appointed as the Secretarial Auditor for the Financial Year 2025-30 (subject to shareholder approval). Furthermore, M/s J.D. Associates was appointed as the Cost Auditor for FY 2025-26, and MRKS and Associates was appointed as Statutory Auditors, to hold office until the conclusion of the Sixty Third Annual General Meeting in 2030, subject to shareholder approval.
• Dividend: The Board noted that no dividend had been recommended for the Financial Year ended March 31, 2025.

The company also acknowledged a SOP fine received regarding noncompliance related to the submission timing of Financial Results for the quarter ended December 31, 2025, and directors affirmed their commitment to future compliance with listing regulations.

Insolvency Resolution Process Update

Regarding the Corporate Insolvency Resolution Process (CIRP), it was noted that this process has been confined to projects in Lucknow and Rajasthan, following a settlement agreement dated March 3, 2022. These projects are currently managed by Shri Navneet Kumar Gupta, Resolution Professional.

The Serene Residency Group Housing Project of APIL, located in Sector ETA -II, Greater Noida, U.P., is also managed by Shri Navneet Kumar Gupta. The Resolution Plan for this project was approved by the National Company Law Tribunal (NCLT), New Delhi, Bench II on October 6, 2025. Meanwhile, the Fernhill Project located in District Gurgaon, Haryana, is being managed by Shri Jalesh Kumar Grover, Resolution Professional of that project.

ANSALAPI Stock Price Movement​

On Wednesday, shares of Ansal Properties & Infrastructure Limited shed 1.79%, settling at ₹3.29 after closing down ₹0.06 from the previous day's close. The equity saw trading activity totaling 13,771 shares during the session.