Ansal Properties & Infrastructure Limited has informed the stock exchange about the Approval of the Resolution Plan of Serene Residency Group Housing Project of the Company, by Hon'ble National Company Law Tribunal, New Delhi Bench II on 06th October, 2025.
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Ansal Properties & Infrastructure has received approval from the National Company Law Tribunal (NCLT), New Delhi Bench II, on 6th October 2025 for the Resolution Plan of its Serene Residency Group Housing Project. This means the insolvency resolution process for this specific project has been successfully concluded with a plan approved by the tribunal. The approval allows the company to move forward with executing the resolution, which typically benefits homebuyers and creditors waiting for delivery or recovery. The development signals progress in unwinding legacy project-level stress.
Positive for Ansal Properties shareholders and homebuyers of the Serene Residency project, as it removes a major overhang of insolvency uncertainty and paves the way for project revival and delivery.