The Company has informed the stock exchange regarding Outcome of Board Meeting held on the 12th February, 2026.
ANSALAPI · price
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Ansal Properties & Infrastructure has undergone a major board overhaul. Promoter Pranav Ansal ceased to hold office as Chairman, Whole Time Director, and Director effective October 31, 2025. The board has now designated six directors for a two-year term: Sanjay Jain as Chairman and Non-Executive Independent Director, Roshan Lal Kamboj and Ashok Kumar Verma as Non-Executive Independent Directors, Vipul Garg as Non-Executive Director, Kanta Devi as Non-Executive Woman Director, and Siddhartha Goenka as Whole Time Director. All appointments are subject to shareholder approval. Importantly, the company is under Corporate Insolvency Resolution Process (CIRP) under the IBC for its Lucknow and Rajasthan projects, with Resolution Professionals managing those assets and other key projects like Serene Residency and Fernhill.
This marks a shift from a promoter-led board to one dominated by independent and professional directors at a company already under insolvency proceedings, which could improve governance but reflects continued financial stress. Shareholders should watch for shareholder approval of these appointments and further updates on the insolvency resolution process.