Forensic auditor appointed to probe transactions from FY2017 to FY2026

NCLT admitted insolvencyNCLT approved the resolutionRegulatory & Legal View source PDF Explain this filing

ANSALAPI · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+0.3%Reaction day

₹3.39

prior close

—

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.0% vs market

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

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+0.3+0.3+0.0

Next day

-1.2+0.5-1.7

+0.6+0.1+0.5

-2.7+0.7-3.3

-2.9+0.4-3.4

-3.2+0.7-4.0

-5.3+0.1-5.4

15d

-1.8+1.5-3.2

+8.0+0.3+7.7

+3.2-6.2+9.4

———

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ansal Properties and Infrastructure's newly reconstituted Board has appointed AdvaRisk as forensic auditor to review transactions from April 2016 to March 2026. Preliminary review found possible undervaluation, illegal related party deals, unauthorised transactions, misuse of borrowed funds, and possible diversion of funds including customer receipts and RERA account amounts. The previous Board had claimed a clean slate. Old sale deed authorisations for Sushant Taj City project cancelled and new ones issued.

Likely market impact

Forensic audit may uncover financial irregularities. Negative near term for stock; could trigger regulatory action and management changes.