Ansal Properties & Infrastructure Limited — Important, 20-05-2025: General Updates
20-05-2025 | 05:16 pm
20-05-2025 | 05:16 pm
Ansal Properties’ subsidiary, Star Facilities Management Ltd, has entered insolvency after defaulting on a Rs. 2.06 Cr inter-corporate deposit. An interim resolution professional is now managing Star Facilities’ operations. Ansal Properties remains under insolvency proceedings, with key projects overseen by resolution professionals amid persistent liquidity issues.
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