Ansal Properties & Infrastructure Limited has informed the stock exchange about the minutes of Forty First (41st) adjourned meeting of the Committee of Creditors of Fernhill Project of Ansal Properties and Infrastructure Limited situated at District Gurgaon, Haryana, held on the 03rd September, 2025.
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Awaiting price reaction for this filing.
Ansal Properties & Infrastructure has shared the minutes of the 41st adjourned meeting of the Committee of Creditors (CoC) held on September 3, 2025 for its Fernhill Project in Gurgaon, Haryana. The CoC is part of the Corporate Insolvency Resolution Process (CIRP), which means insolvency proceedings have already been admitted against this project. An adjourned meeting typically indicates that creditors are still deliberating on a resolution plan or haven't reached consensus in earlier sittings. The continuation of repeated adjournments suggests the resolution process is taking longer than expected.
Prolonged insolvency proceedings for the Fernhill Project signal continued uncertainty over debt recovery and project completion. Shareholders should expect the stock to remain under pressure until a resolution plan is approved and clarity emerges on recoveries for the company and its lenders.