The Company has informed the stock exchange about the outcome of the 46th meeting of the committee of creditors of the Fernhill Project of the Company situated at Gurugram, held on the 21st December, 2025.
ANSALAPI · price
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Ansal Properties & Infrastructure has shared the outcome of the 46th meeting of the Committee of Creditors for its Fernhill Project located in Gurugram, held on 21st December 2025. The Committee of Creditors meetings are conducted under the Insolvency and Bankruptcy Code (IBC) framework, indicating that the project is in an ongoing insolvency resolution process. The 46th meeting suggests the resolution process has been prolonged. The company has not disclosed specific outcomes such as approval of a resolution plan or liquidation in this headline, but has informed the exchange about the result.
The Fernhill Project remains under IBC insolvency proceedings, meaning delays in resolution could continue to affect Ansal Properties' financials and shareholder value. Investors should watch for further disclosures on whether a resolution plan was approved or if liquidation proceedings are initiated.