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Ansal Properties and Infrastructure Ltd. is engaged in the business of real estate development in residential, commercial and retail segments.
The Company has Submitted the Stock Exchanges certified Copy of the Order of the Hon'bleNational Company Law Tribunal for approval of Resolution Plan in the Corporate Insolvency Resolution Process of "Fernhill Project" of the Company situated at District Gurgaon, Haryana
Ansal Properties' Board launched a forensic audit (2016-2026) via AdvaRisk after discovering potential undervaluation, illegal related-party dealings, and fund diversion. This aims to unearth past irregularities. They also changed authorized signatories for Sushant Taj City property deeds.
Ansal Properties' Board has appointed AdvaRisk for a forensic audit (2016-2026) citing suspected undervaluation, illegal transactions, and fund diversion by the erstwhile board. They also replaced the authorized signatories for the Sushant Taj City, Agra Project.