The Company has informed the stock exchanges about the Outcome / Voting results of the 52nd Meeting of Committee of Creditors ( COC ) of Fernhill Project of Ansal Properties and Infrastructure Limited (the Company) situated at Gurugram, Haryana, held on the 20th May, 2026.
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Ansal Properties & Infrastructure Limited has disclosed the outcome of the 52nd Committee of Creditors (COC) meeting for its Fernhill project in Gurugram, Haryana, held on 20th May 2026. The sole agenda item — ratification and approval of expenses incurred during the Corporate Insolvency Resolution Process (CIRP) period up to 10th May 2026 — was approved. The Fernhill project was admitted into CIRP under Section 7 of the IBC via an NCLAT order dated 13th January 2023. The company also clarified that CIRP has been separately confined to Lucknow and Rajasthan projects, while the Serene Residency project in Greater Noida already has an approved resolution plan from NCLT (October 2025).
The approval of CIRP expenses is routine administrative progress within the insolvency process and does not change the company's stressed financial situation. No immediate impact on the stock price is expected from this disclosure, but investors should continue monitoring for any resolution plan development for the Fernhill project.