Ansal Properties & Infrastructure Limited — Others, 19-07-2025: Corporate Insolvency Resolution Process

Ansal Properties and Infrastructure, currently undergoing Corporate Insolvency Resolution Process, announced key outcomes from its Committee of Creditors (CoC) meeting. The CoC approved the monthly budget for the insolvency process, appointed a facilitator for homebuyers, and authorized employees to manage property transfers and registrations. Crucially, they approved construction and other activities to ensure the company continues as a going concern. Decisions regarding the appointment of a new statutory auditor for FY25-26 and a transaction auditor were deferred. These actions aim to stabilize operations and address stakeholder interests during the resolution period.