The Company informed the stock exchanges about the prior intimation for 44th 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 19th November 2025.
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Ansal Properties & Infrastructure has informed the stock exchanges that the 44th meeting of the Committee of Creditors (CoC) for its Fernhill project in Gurgaon, Haryana, will be held on 19th November 2025. The existence of a CoC indicates the company is already under the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code (IBC) for this specific project. The 44th meeting suggests the resolution process has been ongoing for a considerable period without a final resolution. No details on the agenda or progress were disclosed in this prior intimation.
Shareholders should note that this confirms continued insolvency proceedings for the Fernhill project, which may prolong uncertainty around the company's recovery and asset resolution. The stock may remain volatile given the ongoing CIRP and lack of a concluded resolution plan.