Board approves delayed results, auditor appointments; no dividend; CIRP status update
ANSALAPI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ansal Properties board approved multiple delayed financial results (Q3 FY25, FY25 annual, Q1-Q3 FY26) that were earlier released without board approval due to its ongoing Corporate Insolvency Resolution Process. Appointed Roni & Associates as secretarial auditor for FY25-30, JD Associates as cost auditor, and MRKS as statutory auditor until 2030. No dividend declared for FY25. NCLAT has confined CIRP to Lucknow and Rajasthan projects. Company noted a stock exchange fine for delayed filing and cannot provide consolidated results.
Ongoing CIRP and delayed board approvals raise governance concerns; no dividend for shareholders; stock exchange penalty for late filing.