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Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
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61 announcements match the current filters (relevance ≥ 5).
Ansal API: CoC Approves CIRP Expenses and Homebuyer Rep Fees for Fernhill Project
Ansal Properties and Infrastructure Limited (APIL) has announced the voting results from the 50th Committee of Creditors (CoC) meeting for its Fernhill Project in Gurugram. The CoC ratified and approved all expenses incurred during the Corporate Insolvency Resolution Process (CIRP) up to March 15, 2026. Additionally, the fees for the Authorised Representative of homebuyers were approved. The company is currently undergoing project-wise insolvency, with separate processes for Fernhill, Lucknow, Rajasthan, and Serene Residency projects.
Key Highlights
Approval of CIRP expenses for the Fernhill Project incurred until March 15, 2026.
Ratification of fees for Ms. Aakriti Sood, the Authorised Representative for homebuyers.
Fernhill Project is managed by Resolution Professional Jalesh Kumar Grover under NCLAT orders.
Lucknow and Rajasthan projects are under a separate CIRP managed by Navneet Kumar Gupta.
Resolution plan for the Serene Residency project was already approved by NCLT on October 6, 2025.
👀 What to Watch
Investors should exercise extreme caution as the company is undergoing multiple project-specific insolvency proceedings. The stock remains a high-risk 'Watch' until the final resolution plans for all major projects are successfully implemented.
Ansal API: 50th CoC Meeting for Fernhill Project; Resolution Plan Hearing Set for March 27, 2026
Ansal Properties & Infrastructure Limited (APIL) held its 50th Committee of Creditors (CoC) meeting specifically for the Fernhill Project in Gurgaon. The Resolution Professional informed that the hearing for the Resolution Plan approval, submitted by Krish Infrastructure Private Limited, has been preponed to March 27, 2026. Homebuyers currently dominate the CoC with 99.96% of the voting rights. The company continues to navigate project-wise insolvency proceedings across its various developments in Gurgaon, Lucknow, and Rajasthan.
Key Highlights
Homebuyers represent 99.96% of the voting power in the Fernhill Project Committee of Creditors.
Resolution Plan approval hearing for the Fernhill Project is preponed to March 27, 2026, following an application by the Successful Resolution Applicant.
The Serene Residency Group Housing Project's resolution plan was already approved by the NCLT on October 6, 2025.
Separate insolvency processes are ongoing for Lucknow and Rajasthan projects as per a settlement with IL&FS Financial Services.
The RP is pursuing legal actions under Section 66 against third parties like Samyak Projects for alleged fraudulent transactions.
👀 What to Watch
Investors should closely monitor the NCLT hearing on March 27, 2026, as the approval of the resolution plan will clarify the company's path forward. Due to the ongoing insolvency proceedings and project-wise resolution, the stock remains extremely high-risk.
Ansal API Appoints New Chairman and 5 Directors Following Shareholder Approval
Ansal Properties & Infrastructure Limited (ANSALAPI) has announced the successful passage of six resolutions via postal ballot for the appointment of its board members. Shri Sanjay Jain has been appointed as the Chairman and Non-Executive Independent Director for a two-year term. The board overhaul includes three Independent Directors, a Non-Executive Woman Director, and a Whole Time Director, all serving until February 2028. This management change occurs while the company continues to navigate project-specific Corporate Insolvency Resolution Processes (CIRP) for its Lucknow, Rajasthan, and Gurgaon developments.
Key Highlights
Shareholders approved the appointment of 6 directors, including a new Chairman, with terms effective from Feb 12, 2026, to Feb 11, 2028.
Shri Sanjay Jain, an advocate with expertise in arbitration and corporate law, takes over as Chairman and Independent Director.
The Corporate Insolvency Resolution Process (CIRP) remains active but confined to specific projects in Lucknow and Rajasthan.
The Resolution Plan for the Serene Residency Group Housing Project was approved by the NCLT on October 6, 2025.
All resolutions were passed with the requisite majority through a remote e-voting process ending March 20, 2026.
👀 What to Watch
Investors should closely monitor whether this new leadership can resolve the ongoing insolvency proceedings and stabilize the company's project deliveries. Given the legal complexities and project-specific CIRP, the stock remains a high-risk speculative play.
Ansal API to Hold 50th CoC Meeting for Fernhill Project on March 23, 2026
Ansal Properties & Infrastructure Limited (APIL) has scheduled the 50th Committee of Creditors (CoC) meeting for its Fernhill project in Gurgaon for March 23, 2026. The company is currently undergoing a fragmented, project-wise Corporate Insolvency Resolution Process (CIRP) as directed by the NCLAT. While the Serene Residency project's resolution plan was approved in October 2025, the Fernhill, Lucknow, and Rajasthan projects remain under active insolvency proceedings. This indicates a prolonged legal process to resolve the company's significant debt obligations across different real estate assets.
Key Highlights
50th CoC meeting for the Gurgaon-based Fernhill project is scheduled for March 23, 2026.
Resolution Plan for the Serene Residency project was approved by NCLT on October 6, 2025.
CIRP for Lucknow and Rajasthan projects is currently active under Resolution Professional Navneet Kumar Gupta.
The Fernhill project is being managed separately by Resolution Professional Jalesh Kumar Grover.
Insolvency proceedings are being conducted on a project-specific basis rather than for the entire corporate entity.
👀 What to Watch
Investors should remain extremely cautious as the company is in a state of fragmented insolvency across multiple projects. It is advisable to wait for clarity on the final resolution plans for all major projects before considering any investment.
Ansal Properties: 49th CoC Meeting Held for Fernhill Project Under Insolvency Process
Ansal Properties & Infrastructure Limited (APIL) conducted the 49th Committee of Creditors (CoC) meeting for its Fernhill Project in Gurgaon on February 25, 2026. The CoC is primarily composed of homebuyers who hold 99.96% of the voting rights for this specific project. During the meeting, the appointment of a Site Manager was ratified with a 91.46% majority of the votes cast by the homebuyers. The company is currently undergoing project-wise insolvency, with separate resolution processes active for its Gurgaon, Lucknow, and Rajasthan developments.
Key Highlights
49th CoC meeting for the Fernhill Project (Gurgaon) was held on February 25, 2026, to discuss ongoing resolution progress.
Homebuyers constitute 99.96% of the voting share in the project's Committee of Creditors, indicating their dominant role in the resolution.
The appointment of Mr. Chimman Singh as Site Manager was ratified with 91.46% of the cast votes in favor.
Resolution plan for the Serene Residency project was previously approved by NCLT on October 6, 2025, while other projects remain in CIRP.
👀 What to Watch
Equity investors should exercise extreme caution as the company is undergoing project-wise insolvency, which typically results in significant erosion of shareholder value. Monitor NCLT updates regarding the approval of resolution plans for the remaining projects to assess the company's long-term viability.
Ansal API to Hold 49th CoC Meeting for Fernhill Project on February 25, 2026
Ansal Properties & Infrastructure Limited (APIL) has announced the 49th Committee of Creditors (CoC) meeting for its Fernhill project in Gurgaon, scheduled for February 25, 2026. The company is currently undergoing project-wise Corporate Insolvency Resolution Process (CIRP) as per NCLAT orders. While the Serene Residency project's resolution plan was approved in October 2025, the Fernhill, Lucknow, and Rajasthan projects remain under active insolvency proceedings managed by different Resolution Professionals. This meeting is a critical step in determining the future of the Gurgaon-based asset.
Key Highlights
49th Meeting of the Committee of Creditors for the Fernhill project scheduled for Feb 25, 2026.
Fernhill project is managed by Resolution Professional Jalesh Kumar Grover following NCLAT orders.
Resolution Plan for the Serene Residency project was already approved by NCLT on October 6, 2025.
Lucknow and Rajasthan projects are under a separate CIRP process as per NCLAT order dated Jan 7, 2026.
The insolvency process remains fragmented across different projects rather than the entire corporate entity.
👀 What to Watch
Investors should exercise extreme caution as the company is in a complex project-wise insolvency state. Monitor the outcomes of CoC meetings for any potential resolution plans that could impact the residual value of the listed entity.
Ansal API Proposes Appointment of Three Independent Directors via Postal Ballot
Ansal Properties & Infrastructure Limited has initiated a postal ballot to seek shareholder approval for the appointment of three Non-Executive Independent Directors, including a new Chairman, for two-year terms. These appointments come while the company is navigating project-specific insolvency proceedings in Lucknow, Rajasthan, and Greater Noida. Notably, the proposed directors will receive nil remuneration initially, with future payments contingent on the company's return to profitability. Shareholders can cast their votes electronically between February 19 and March 20, 2026.
Key Highlights
Proposed appointment of Shri Sanjay Jain as Chairman and Independent Director for a 2-year term.
Two additional Independent Directors, Roshan Lal Kamboj and Ashok Kumar Verma, proposed for 2-year terms.
All three directors are appointed with nil remuneration, subject to future board review upon profitability.
CIRP remains active for Lucknow and Rajasthan projects following an NCLAT order dated January 7, 2026.
E-voting period for shareholders is scheduled from February 19, 2026, to March 20, 2026.
👀 What to Watch
Investors should monitor the background of the new appointees and the voting results, as this new leadership will oversee the company's complex project-wise insolvency resolutions. The nil-remuneration clause is a critical detail for stakeholders to note regarding the company's current financial management.
ANSALAPI to Seek Shareholder Approval for Appointment of 6 Directors for 2-Year Term
Ansal Properties & Infrastructure Limited (ANSALAPI) is seeking shareholder approval via postal ballot for the appointment and designation of six directors, including a new Chairman and Whole Time Director. These appointments are for a fixed two-year term effective from February 12, 2026, until February 11, 2028. The move comes as the company continues to navigate project-specific Corporate Insolvency Resolution Processes (CIRP) for its Lucknow, Rajasthan, and Gurgaon developments. Shareholders as of the February 13, 2026, cut-off date are eligible to vote, with results expected by March 22, 2026.
Key Highlights
Appointment of 6 directors including Sanjay Jain as Chairman and Siddharth Goenka as Whole Time Director.
Directors appointed for a fixed term of 02 years from February 12, 2026, to February 11, 2028.
Postal ballot cut-off date fixed as February 13, 2026, with results due by March 22, 2026.
Company remains under project-specific CIRP for Lucknow, Rajasthan, and Greater Noida projects managed by Resolution Professionals.
👀 What to Watch
Investors should exercise extreme caution as the company is currently under project-wise insolvency proceedings. Monitor the postal ballot results and any further updates from the Resolution Professionals regarding the progress of the resolution plans.
Ansal API to Seek Shareholder Approval for 6 Director Appointments via Postal Ballot
Ansal Properties & Infrastructure Limited is seeking shareholder approval for the appointment of six directors, including a new Chairman and Whole Time Director, for two-year terms ending February 2028. This restructuring occurs amidst ongoing legal proceedings where the NCLAT has confined the Corporate Insolvency Resolution Process (CIRP) to specific projects in Lucknow and Rajasthan. The company has fixed February 13, 2026, as the cut-off date for determining voting eligibility. Results of the postal ballot are expected to be announced by March 22, 2026.
Key Highlights
Seeking approval for 6 director appointments for a 2-year term effective from February 12, 2026, to February 11, 2028.
Shri Sanjay Jain designated as Chairman and Non-Executive Independent Director.
Cut-off date for Postal Ballot eligibility set for February 13, 2026, with results due by March 22, 2026.
NCLAT order dated January 7, 2026, limits the insolvency process to Lucknow and Rajasthan projects only.
Resolution plan for the Serene Residency project was approved by NCLT on October 6, 2025.
👀 What to Watch
Investors should closely monitor the outcome of the postal ballot and the progress of project-specific insolvency resolutions, as the company remains in a high-risk recovery phase. The restructuring of the board is a necessary step for governance, but the underlying legal and financial challenges persist.
Ansal Properties Seeks Shareholder Approval for 6 Board Appointments via Postal Ballot
Ansal Properties & Infrastructure Limited is seeking shareholder approval for the appointment of six directors, including a new Chairman and a Whole Time Director, for a two-year term ending February 2028. This management restructuring follows a series of board changes in early February 2026 and occurs while the company is under project-specific Corporate Insolvency Resolution Process (CIRP). The insolvency proceedings are currently confined to specific projects in Lucknow and Rajasthan following an NCLAT order dated January 7, 2026. Investors should track these appointments as the company attempts to stabilize governance amidst ongoing legal and financial restructuring.
Key Highlights
Proposed appointment of 6 directors including Sanjay Jain as Chairman and Siddharth Goenka as Whole Time Director.
Appointments are for a fixed 2-year term effective from February 12, 2026, to February 11, 2028.
Postal ballot cut-off date set for February 13, 2026, with voting results due by March 22, 2026.
CIRP remains active but confined to Lucknow and Rajasthan projects per NCLAT order dated January 7, 2026.
Resolution Plan for the Serene Residency project was previously approved by NCLT on October 6, 2025.
👀 What to Watch
Investors should exercise caution due to the ongoing project-specific insolvency proceedings and monitor if the new board can successfully navigate the company out of its current legal distress. The stock remains high-risk until there is more clarity on the resolution of the Lucknow and Rajasthan project liabilities.
Ansal Properties Delays Q3 FY26 Results Due to CIRP and Board Reconstitution
Ansal Properties & Infrastructure Limited has announced a delay in the submission of its Un-Audited Financial Results for Q3 and the nine months ended December 31, 2025, missing the February 14, 2026 deadline. This delay is attributed to the company's recent Corporate Insolvency Resolution Process (CIRP) and the fact that the Board of Directors was entirely vacant until its reconstitution on February 8-9, 2026. Following an NCLAT order on January 7, 2026, the CIRP has been narrowed to only the Lucknow and Rajasthan projects, returning general management to the new Board. The company also noted that Q2 FY26 results remain pending.
Key Highlights
Delay in Q3 FY26 financial results beyond the SEBI-mandated deadline of February 14, 2026.
NCLAT order on January 7, 2026, confined CIRP proceedings specifically to Lucknow and Rajasthan projects.
Board of Directors was reconstituted on February 8th and 9th, 2026, after being vacant during the insolvency process.
Trading window has been closed since October 1, 2025, and will remain closed until 48 hours after result declaration.
Specific projects like Serene Residency and Fernhill remain under the management of separate Resolution Professionals.
👀 What to Watch
Investors should remain highly cautious given the ongoing insolvency proceedings for specific projects and the significant delay in financial reporting. The ability of the newly reconstituted Board to provide transparency and stabilize the company's financial position is a critical watchpoint.
Ansal Properties Reconstitutes Board; Appoints Sanjay Jain as Chairman and 5 Other Directors
Ansal Properties & Infrastructure Limited has overhauled its board following the exit of promoter Pranav Ansal as Chairman in October 2025. The board has appointed Shri Sanjay Jain, a Supreme Court advocate, as the new Chairman and Independent Director for a two-year term effective February 11, 2026. Five other directors, including Roshan Lal Kamboj and Siddhartha Goenka (Whole Time Director), have been appointed to fill vacancies. This leadership transition occurs while the company is undergoing project-wise Corporate Insolvency Resolution Processes (CIRP) for its Lucknow, Rajasthan, and Haryana developments.
Key Highlights
Shri Sanjay Jain appointed as Chairman and Independent Director for a 2-year term ending February 2028
Promoter Pranav Ansal ceased all board positions including Chairman and WTD effective October 31, 2025
Appointment of 6 new directors including a Whole Time Director, a Woman Director, and three Independent Directors
Company remains under project-wise CIRP for specific projects in Lucknow, Rajasthan, and Gurgaon as per NCLAT orders
New board members bring diverse experience in law, manufacturing, finance, and real estate governance
👀 What to Watch
Investors should closely monitor whether this professional board reconstitution can improve governance and expedite the ongoing insolvency resolution processes. The stock remains a high-risk play due to active NCLT proceedings and project-specific defaults.
Ansal Properties Appoints New Chairman and 5 Directors Amid Project Insolvency Proceedings
Ansal Properties & Infrastructure Limited has announced a major board overhaul, appointing Shri Sanjay Jain as the new Chairman and Independent Director for a two-year term. This follows the exit of promoter Pranav Ansal from all executive positions as of October 31, 2025. The company is currently navigating Corporate Insolvency Resolution Processes (CIRP) for its Lucknow and Rajasthan projects, while the resolution plan for the Serene Residency project was approved in October 2025. The new board consists of six members with backgrounds in law, finance, and industry to provide professional oversight during this restructuring phase.
Key Highlights
Shri Sanjay Jain appointed as Chairman and Independent Director for a 2-year term ending February 2028
Total of 6 new directors appointed to the board, including a Whole Time Director and a Woman Director
Promoter Pranav Ansal vacated positions of Chairman and Whole Time Director effective October 31, 2025
Resolution plan for Serene Residency Group Housing Project approved by NCLT on October 6, 2025
CIRP remains active for Lucknow, Rajasthan, and Fernhill projects under designated Resolution Professionals
👀 What to Watch
Investors should exercise caution as the company remains under project-wise insolvency proceedings; monitor whether the new professional board can successfully execute resolution plans. The transition from promoter-led to professional management is a key development to watch for corporate governance improvements.
Ansal Properties Reconstitutes Board with 3 New Directors Amid Ongoing Insolvency Process
Ansal Properties & Infrastructure Limited has appointed Ashok Kumar Verma, Siddhartha Goenka, and Kanta Devi as Additional Directors effective February 5, 2026. This board overhaul follows the resignation of three previous directors during the company's Corporate Insolvency Resolution Process (CIRP). The company is currently addressing penalties from NSE and BSE for non-compliance with financial reporting regulations for four consecutive quarters ending September 2025. Recent legal developments have confined the CIRP to specific projects in Lucknow and Rajasthan, while other projects like Serene Residency have already seen resolution plans approved.
Key Highlights
Appointed three new Additional Directors including Kanta Devi and Ashok Kumar Verma effective Feb 5, 2026
Noted the resignation of three directors previously serving during the insolvency process
Acknowledged stock exchange penalties for non-compliance with Reg 33 for four quarters from Dec 2024 to Sept 2025
NCLAT order dated Jan 7, 2026, confined CIRP to Lucknow and specific Rajasthan projects
Resolution Plan for the Serene Residency project was approved by NCLT on Oct 6, 2025
👀 What to Watch
Investors should exercise extreme caution as the company remains under project-specific insolvency proceedings and faces regulatory penalties. Monitor the new board's ability to restore financial reporting compliance and the progress of remaining resolution plans.
Ansal Properties Reconstitutes Board Amid CIRP and Regulatory Penalties
Ansal Properties & Infrastructure Limited has overhauled its board, noting the resignations of three independent directors and appointing three new additional directors. The company is currently navigating a Corporate Insolvency Resolution Process (CIRP), which was recently confined to specific projects in Lucknow and Rajasthan by the NCLAT. Stock exchanges have imposed penalties for non-compliance with financial reporting for four consecutive quarters and the 2024-25 financial year. Additionally, a resolution plan for the Serene Residency project was approved by the NCLT in October 2025.
Key Highlights
Noted resignations of 3 Independent Directors effective between March and June 2025.
Appointed 3 new Additional Directors including professionals in finance, textiles, and social reform effective Feb 5, 2026.
NSE and BSE levied penalties for non-compliance with Regulation 33 for 4 quarters ending Sept 2025.
CIRP confined to Lucknow and Rajasthan projects per NCLAT order dated Jan 7, 2026.
Resolution Plan for Serene Residency Group Housing Project approved by NCLT on Oct 6, 2025.
👀 What to Watch
Investors should exercise extreme caution as the company remains under insolvency proceedings and faces significant regulatory penalties. Monitor the effectiveness of the newly reconstituted board in addressing compliance failures and the progress of project-specific resolution plans.
Ansal API Reconstitutes Board and Updates on Project-Specific Insolvency Proceedings
Ansal Properties & Infrastructure Limited (APIL) has reconstituted its board by appointing three new additional directors following the resignation of three independent directors during the insolvency process. The company acknowledged penalties from NSE and BSE for failing to submit financial results for four consecutive quarters and the FY 2024-25 annual report. Legally, the NCLAT has restricted the Corporate Insolvency Resolution Process (CIRP) to specific projects in Lucknow and Rajasthan. Additionally, a resolution plan for the Serene Residency project was approved by the NCLT in October 2025, indicating progress in project-level restructuring.
Key Highlights
Appointed three new Additional Directors including experts in finance, textiles, and social reform to the board.
Acknowledged SEBI penalties for non-compliance with financial reporting for four quarters (Dec 2024 to Sept 2025).
NCLAT order dated Jan 7, 2026, confined the CIRP process to Lucknow and specific Rajasthan projects.
Resolution Plan for the Serene Residency Group Housing Project was approved by NCLT on Oct 6, 2025.
Noted the resignation of three Independent Directors that occurred between March and June 2025 during the CIRP.
👀 What to Watch
Investors should exercise extreme caution as the company remains under project-specific insolvency and has significant compliance failures. Monitor the new board's ability to regularize financial filings and the progress of the various resolution professionals.
Ansal Properties Reconstitutes Board; Appoints 3 New Directors Including Vipul Garg
Ansal Properties & Infrastructure Limited has reconstituted its Board of Directors following the resignation of all previous members, including the promoter Chairman Pranav Ansal. The company, currently undergoing project-specific Corporate Insolvency Resolution Process (CIRP), has appointed Shri Sanjay Jain, Shri Roshan Lal Kamboj, and Shri Vipul Garg as directors effective February 03, 2026. This move aims to restore corporate governance as the company navigates legal proceedings under the NCLAT and NCLT. The CIRP is currently confined to specific projects in Lucknow and Rajasthan, while other projects like Serene Residency have approved resolution plans.
Key Highlights
Appointment of 3 new directors: Sanjay Jain, Roshan Lal Kamboj, and Vipul Garg effective Feb 03, 2026
Cessation of Shri Pranav Ansal as Chairman and Whole Time Director effective October 31, 2025
Board reconstitution follows the resignation of all previous directors during the ongoing CIRP process
CIRP currently confined to Lucknow and Rajasthan projects per NCLAT order dated January 07, 2026
Vipul Garg brings over 17 years of experience in strategic planning and corporate governance
👀 What to Watch
Investors should remain extremely cautious as the company is under insolvency proceedings and management is being restructured under legal oversight. Monitor the progress of project-specific resolution plans and NCLAT proceedings before considering any position.
Ansal Properties Reconstitutes Board; Pranav Ansal Ceases as Chairman Amid CIRP
Ansal Properties & Infrastructure Limited (APIL) has reconstituted its Board of Directors following the cessation of Promoter Pranav Ansal as Chairman and Whole Time Director effective October 31, 2025. Due to the resignation of all previous directors during the Corporate Insolvency Resolution Process (CIRP), three new directors—Sanjay Jain, Roshan Lal Kamboj, and Vipul Garg—were appointed on February 3, 2026. The company remains under CIRP, though a January 7, 2026, NCLAT order has confined the insolvency process to specific projects in Lucknow and Rajasthan. Additionally, the resolution plan for the Serene Residency project was approved by the NCLT on October 6, 2025.
Key Highlights
Pranav Ansal ceased as Chairman and Whole Time Director effective October 31, 2025.
Three new directors appointed on February 3, 2026, to restore the Board after all previous members resigned.
NCLAT order dated January 7, 2026, limited CIRP scope to Lucknow and specific Rajasthan projects.
NCLT approved the resolution plan for the Serene Residency Group Housing Project on October 6, 2025.
The company is currently managed by Resolution Professionals Navneet Kumar Gupta and Jalesh Kumar Grover for various projects.
👀 What to Watch
Investors should exercise extreme caution as the company is still navigating complex insolvency proceedings. Monitor the progress of project-specific resolution plans and the impact of the new board on the company's ability to meet its obligations.
Ansal Properties Reconstitutes Board; Pranav Ansal Steps Down as Chairman Amid CIRP
Ansal Properties & Infrastructure Limited has announced the cessation of Shri Pranav Ansal as Chairman and Whole Time Director effective October 31, 2025, amid ongoing Corporate Insolvency Resolution Process (CIRP). Following the resignation of all previous board members, the promoter has appointed three new directors—Shri Sanjay Jain, Shri Roshan Lal Kamboj, and Shri Vipul Garg—effective February 3, 2026, to reconstitute the board. The company remains under insolvency proceedings, with specific projects in Lucknow, Rajasthan, and Greater Noida being managed by Resolution Professionals. This board reconstitution is a mandatory regulatory step under the Companies Act to maintain corporate governance during the resolution phase.
Key Highlights
Shri Pranav Ansal ceased to be Chairman and Whole Time Director effective October 31, 2025.
Three new directors (Sanjay Jain, Roshan Lal Kamboj, Vipul Garg) appointed effective February 3, 2026, to fill board vacancies.
NCLAT order dated January 7, 2026, has confined CIRP to specific projects in Lucknow and Rajasthan.
Resolution Plan for the Serene Residency Group Housing Project was approved by NCLT on October 6, 2025.
The company had no directors on its board prior to these new appointments due to multiple resignations during CIRP.
👀 What to Watch
Investors should exercise extreme caution as the company is currently under insolvency proceedings. Monitor the progress of project-specific resolution plans and the ability of the new board to navigate the legal recovery process.
Ansal Properties Reconstitutes Board with 3 New Directors Amid Ongoing CIRP
Ansal Properties & Infrastructure Limited has appointed Shri Sanjay Jain, Shri Roshan Lal Kamboj, and Shri Vipul Garg as Directors effective February 03, 2026, to reconstitute its Board. This follows the cessation of Promoter Shri Pranav Ansal as Chairman and Director on October 31, 2025, and the resignation of all other previous directors during the Corporate Insolvency Resolution Process (CIRP). The company remains under insolvency proceedings, though an NCLAT order dated January 07, 2026, has confined the CIRP to specific projects in Lucknow and Rajasthan. These appointments are a regulatory requirement to ensure the company has a functional board during the resolution process.
Key Highlights
Appointment of three new directors (Sanjay Jain, Roshan Lal Kamboj, and Vipul Garg) effective February 03, 2026
Cessation of Promoter Pranav Ansal from Chairman and Whole Time Director roles effective October 31, 2025
NCLAT order dated January 07, 2026, restricted CIRP scope to Lucknow and specific Rajasthan projects
Resolution Plan for the Serene Residency project was approved by NCLT on October 06, 2025
👀 What to Watch
Investors should exercise extreme caution as the company is still navigating the Corporate Insolvency Resolution Process (CIRP). Monitor the new board's ability to manage project-specific resolutions and legal complexities across different jurisdictions.
