Pranav Ansal exits; 3 new directors appointed to reconstitute board under 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

+1.4%Reaction day

₹2.89

prior close

₹2.93

announcement price

After-mkt

timing

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.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+1.4+1.3+0.1

Next day

+3.1+0.3+2.8

+4.8-0.5+5.3

+6.9+2.1+4.8

+9.0+3.1+5.9

+11.1+2.6+8.5

+15.2+0.6+14.7

15d

+33.6-1.4+35.0

+38.1-6.9+45.0

+6.2-7.7+13.9

+33.2+7.0+26.3

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Ansal Properties is under insolvency resolution. Promoter Pranav Ansal vacated his roles as Chairman and Whole Time Director on 31 October 2025 after 3 other directors had already resigned during CIRP, leaving the board empty. Pranav Ansal has now appointed 3 new directors effective 3 February 2026: Sanjay Jain (advocate), Roshan Lal Kamboj (industrialist), and Vipul Garg (executive). NCLAT has restricted CIRP to Lucknow and some Rajasthan projects.

Likely market impact

Board was emptied by insolvency-era exits. Promoter has appointed new directors to reconstitute it. CIRP continues for specific projects only.