Ansal Properties & Infrastructure Limited has informed the Stock Exchange that 22nd Meeting of Committee of Creditors for Serene Residency Group Housing Project , of the Company situated at Sector ETA II, Greater Noida, Uttar Pradesh, is scheduled to be held on the 30th June, 2025.
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Ansal Properties & Infrastructure has informed the stock exchanges that the 22nd meeting of the Committee of Creditors (CoC) for its Serene Residency Group Housing Project in Sector ETA II, Greater Noida, is scheduled for 30th June, 2025. The project is currently under Corporate Insolvency Resolution Process (CIRP), which was initiated via an NCLT order dated 20th October, 2023. The company's own affairs are also under CIRP since 25th February, 2025, with Resolution Professional Navneet Kumar Gupta managing both the company and this specific project. A separate project, Fernhill in Gurgaon, is being handled by a different Resolution Professional.
This is a routine procedural update for an ongoing insolvency process, not a new development. Shareholders should note that the company remains under CIRP with no resolution plan yet approved, meaning equity holders continue to face uncertainty and dilution risk depending on the final resolution outcome.