Announced Wed, 27 May · 10:49 IST

The Company has informed the stock exchanges about the Outcome/ Voting results of the 52nd Meeting of the Committee of Creditors of Fernhill Project of Ansal Properties and Infrastructure ....

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AI summary

Ansal Properties & Infrastructure Ltd disclosed the outcome of its 52nd COC meeting for the Fernhill Project held on 20th May 2026. The meeting approved the ratification and expenses incurred during the Corporate Insolvency Resolution Process (CIRP) period till 10th May 2026. The company is under CIRP with different Resolution Professionals managing various projects. The Fernhill Project at Gurgaon is managed by Resolution Professional Shri Jalesh Kumar Grover. Separately, CIRP was confined to Lucknow and Rajasthan projects via NCLAT order dated 07th January, 2026, while Serene Residency project resolution plan was approved by NCLT on 6th October 2025.

Likely market impact

This is a routine procedural update in the ongoing insolvency process. The COC approval of expenses keeps the Fernhill Project resolution process on track. For shareholders, this indicates the company continues to operate under insolvency proceedings with no immediate resolution plan approval for Fernhill.