The Company has informed the stock exchange that 49th Meeting of the Committee of Creditors for Fernhill project of Ansal Properties and Infrastructure Limited (APIL), situated at District Gurgaon, Haryana, to be held on the 25th February, 2026.
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Ansal Properties & Infrastructure has informed the stock exchange about the 49th meeting of the Committee of Creditors for its 'Fernhill project' in Gurgaon, Haryana, scheduled for 25th February 2026. The company has been undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code since the NCLT order of 16th November 2022, which was later confined to the Fernhill project by NCLAT on 13th January 2023. A recent NCLAT order dated 7th January 2026 has further narrowed the CIRP to the Lucknow and Rajasthan projects under a 2022 settlement with IL&FS Financial Services. The Fernhill project is currently managed by Resolution Professional Shri Jalesh Kumar Grover, while another project (Serene Residency) had its resolution plan approved by NCLT on 6th October 2025.
This is a routine procedural update on an ongoing insolvency process. Shareholders face continued uncertainty as the Fernhill project remains under resolution. The narrowing of CIRP scope and approval of the Serene Residency resolution plan are incremental positive steps, but no concrete revival or value recovery for equity holders is indicated.