Ansal Properties & Infrastructure Limited — Others, 31-03-2025: Corporate Insolvency Resolution Process

Ansal Properties and Infrastructure Limited has updated stakeholders regarding the 19th Committee of Creditors (CoC) meeting for the Serene Residency Group Housing Project. The meeting discussed operational updates, confirming that significant construction milestones have been achieved, including completion of 35 units in Tower-5 and various plumbing and electrical works across multiple units. The Resolution Professional reassured that all expenses remain within the approved budget. Investors should view this progress positively, as it indicates ongoing commitment to project completion, although engagement in the CIRP for the company remain a focal point of concern for some creditors.