Ansal Properties & Infrastructure Limited has issued stern warnings to investors and the general public against unauthorized third parties attempting to conduct business on behalf of the company and its subsidiaries, while simultaneously reporting outcomes from its latest Committee of Creditors meeting.

50th COC Meeting Approves Key Resolutions

The company has announced the voting results of the 50th Meeting of Committee of Creditors for the Fernhill Project situated at Gurugram, Haryana, held on March 23, 2026, with voting concluded on March 27, 2026.

Company Issues Multiple Public Warnings

The real estate company has published several public notices cautioning all investors, financial creditors, banks, and buyers not to make any payments to third parties claiming authority on behalf of Ansal Properties and Infrastructure Limited, Ansal Hi-Tech Townships Limited, Ansal Landmark Townships Limited, or any of their subsidiaries and group companies.

According to the company's notices dated March 27, 2026, certain unauthorized persons and entities have been circulating development agreements, board resolutions, and purported authorization documents while claiming association with these companies.

Fraudulent Activities Identified

The company has specifically advised the public not to rely upon or act on any such representations, including promises of allotment, development rights, or investment opportunities. Any documents or representations made by third parties should be treated as unauthorized and invalid unless officially confirmed by the company.

Current CIRP Structure

Ansal Properties has clarified that matters concerning its Corporate Insolvency Resolution Process are managed across different projects by separate Resolution Professionals. The Fernhill Project at District Gurgaon, Haryana, is managed by Shri Jalesh Kumar Grover, while Lucknow and Rajasthan projects are managed by Shri Navneet Kumar Gupta.

The newly constituted Board of Directors remains duty-bound to preserve, protect, and safeguard the company's assets and interests until final decisions in pending cases.

Advisory to Public

Ansal Properties has advised the public to exercise due caution and verify all dealings directly through official channels. The company has requested immediate reporting of any suspicious activities at contactansalapi@gmail.com . The company's registered office is located at 115, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi-110001.

Ansal Properties and Infrastructure Limited has successfully conducted its 50th Meeting of the Committee of Creditors for the Fernhill project on March 23, 2026. The company informed both NSE and BSE about the meeting outcomes on March 24, 2026, in compliance with SEBI listing regulations.

Meeting Details and Proceedings

The creditors meeting was held virtually at 12:30 PM and concluded at 1:30 PM, focusing on the Fernhill project situated in District Gurgaon, Haryana. The meeting was conducted as part of the ongoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016.

The meeting achieved the required quorum with Ms. Aakriti Sood, Authorized Representative of homebuyers holding 99.96% voting rights, present virtually. The unsecured financial creditor Vinod Kumar Saini, holding 0.04% voting rights, did not attend the meeting.

Key Agenda Items and Approvals

The committee addressed several critical matters during the session. The minutes of the 49th COC meeting held on February 25, 2026, were approved without any observations from members.

Expense Ratification

The committee reviewed and approved operational expenses incurred during the CIRP period from January 16, 2026, to March 15, 2026:

Litigation Status Update

The Resolution Professional provided a comprehensive update on 21 ongoing litigation matters before the NCLT Delhi Bench. All matters were previously listed for hearing on March 2, 2026, and have been rescheduled to March 27, 2026, following early hearing applications.

Notably, two early hearing applications were filed and allowed - one by Krish Infrastructure Private Limited (I.A. No. 1131 of 2026) and another by allottees (I.A. No. 1198 of 2026), both seeking expedited hearing of the Plan Approval Application.

Current Project Management Structure

The company operates under a complex management structure with different resolution professionals handling various projects:

The Serene Residency Group Housing Project's Resolution Plan received approval from the Hon'ble NCLT New Delhi on October 6, 2025.

Authorized Representative Fee Approval

The committee approved additional fees of ₹70,800 for Ms. Aakriti Sood, the authorized representative of homebuyers, for conducting extra meetings with creditors beyond the standard two meetings corresponding to COC meetings held in December 2025.

The notification was signed by Siddharth Goenka, Whole Time Director (DIN: 11524566), ensuring compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.