Chairman Pranav Ansal ceases, board reconstituted during CIRP

Multiple Ind Directors ResignedKmp ResignedManagement Changes View source PDF Explain this filing

ANSALAPI · price

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Price reactionminutes from the announcement price · days from the prior close

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prior close

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announcement price

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Nifty Microcap 250market · in no size index; the smallest one is used+1.3%+0.1% vs market

On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Ansal Properties, currently under Corporate Insolvency Resolution Process (CIRP), reports that Chairman and Whole Time Director Pranav Ansal vacated his office on 31 October 2025. Three other directors had already resigned during CIRP, leaving the board empty. The promoter has now appointed three new directors - Sanjay Jain, Roshan Lal Kamboj and Vipul Garg - effective 3 February 2026. Per NCLAT order dated 7 January 2026, CIRP is now confined to Lucknow and select Rajasthan projects.

Likely market impact

Board reconstitution by promoter under CIRP. CIRP scope narrowed to Lucknow and select Rajasthan projects, a partial positive for resolution progress.