Ansal Properties & Infrastructure Limited has informed the Stock Exchanges that the 03rd Meeting of the Committee of Creditors is schedule to be held on 13th day of May, 2025
ANSALAPI · price
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Ansal Properties & Infrastructure Limited has informed the exchanges that its 3rd Committee of Creditors (CoC) meeting is scheduled for May 13, 2025. The company has been undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, since the NCLT New Delhi Bench (Court-IV) admitted insolvency proceedings against it in CP No.: IB 558(ND)/2024 via an order dated February 25, 2025. The company's affairs, business, and assets are currently being managed by Resolution Professional Shri Navneet Kumar Gupta. Two specific projects — The Fernhill in Gurgaon and Serene Residency in Greater Noida — are also being managed by resolution professionals.
This is a routine procedural update confirming APIL remains deep in insolvency proceedings. Shareholders should note that during CIRP, equity typically faces significant risk of dilution or write-down, and trading in the stock is highly speculative until a resolution plan is approved by the CoC and NCLT.