Ansal Properties Updates on Project Status, Creditors Meeting for Fernhill
Ansal Properties & Infrastructure Limited (APIL) provided updates concerning the status of various real estate projects, including scheduling a key meeting for its Fernhill project and detailing management structures across multiple ongoing developments.The Company announced that the 53rd Meeting of the Committee of Creditors for the 'Fernhill' project, located in District Gurgaon, Haryana, is scheduled to be held on June 15, 2026.
In a separate operational update concerning the insolvency process, it was reported that Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, has been confined to projects in Lucknow and Rajasthan. This confinement follows a resolution agreement dated March 3, 2022, between IL&FS Financial Services Limited and Ansal Properties and Infrastructure Limited regarding CP No.: IB 558(ND)/2024. These specific projects are currently overseen by Shri Navneet Kumar Gupta, Resolution Professional.
The Serene Residency Group Housing Project of APIL, situated in Sector ETA -II, Greater Noida, U.P., is also managed by Shri Navneet Kumar Gupta, who serves as the Resolution Professional for that project. The resolution plan for this particular project received approval from the National Company Law Tribunal (NCLT), New Delhi, Bench II on October 6, 2025.
Key project statuses and management details are outlined below:
| Project Name | Location | Status / Event | Management Role |
|---|---|---|---|
| Fernhill Project | District Gurgaon, Haryana | Committee of Creditors meeting scheduled for June 15, 2026 | N/A |
| Lucknow and Rajasthan Projects | Lucknow and Rajasthan | CIRP confined as per settlement agreement dated March 3, 2022 | Shri Navneet Kumar Gupta (Resolution Professional) |
| Serene Residency Group Housing Project | Sector ETA -II, Greater Noida, U.P. | Resolution Plan approved by NCLT on October 6, 2025 | Shri Navneet Kumar Gupta (Resolution Professional) |
ANSALAPI Stock Price Movement
As of 12:40 PM, shares of Ansal Properties & Infrastructure Limited are slipping by 1.73% in live trading, currently testing at ₹3.41 as investors react to market movements. The stock saw a volume of 540 shares traded so far during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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