Ansal Properties & Infrastructure Limited (APIL) has announced that it will disseminate only standalone financial results for the quarter ended June 30, 2025, on December 15, 2025. This decision comes as the company faces challenges in obtaining consolidated data from its subsidiaries due to the ongoing Corporate Insolvency Resolution Process (CIRP).

Key Highlights

• Financial Results Release: APIL will release its standalone financial results for Q1 2025-26 on December 15, 2025.
• Consolidated Results Unavailable: The company is unable to provide consolidated financial results due to difficulties in obtaining financial statements from its subsidiaries and other entities to be consolidated under IND AS-110.
• Insolvency Process: APIL continues to undergo CIRP, with its affairs managed by Resolution Professional Shri Navneet Kumar Gupta, appointed by the National Company Law Tribunal (NCLT).
• Trading Window Closure: The trading window for APIL shares will remain closed until 48 hours after the financial results are disseminated.

Corporate Governance and Compliance

APIL's decision to release only standalone financial results aligns with regulatory requirements, given the challenges in consolidating financial data from its subsidiaries. The company remains committed to compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The ongoing insolvency process underscores the complex financial and operational landscape APIL is currently navigating. Stakeholders and investors will be closely watching the upcoming financial results for insights into the company's financial health amidst these challenges.

As the real estate sector continues to face headwinds, APIL's situation reflects broader industry trends and the regulatory environment's impact on distressed companies in the sector. The forthcoming standalone financial results may provide crucial information for creditors, investors, and industry observers.

The Enforcement Directorate (ED) has taken significant action against Ansal Properties & Infrastructure Limited (APIL) in a money laundering case, freezing assets worth ₹10.55 crore. This development comes amidst ongoing legal and financial challenges for the real estate developer.

Key Details of ED's Action

The ED's Gurugram Zonal Office has provisionally attached six immovable properties under the Prevention of Money Laundering Act (PMLA), 2002. These properties, valued at ₹10.55 crore, are located in Gurugram (Haryana), Greater Noida (UP), and Ludhiana (Punjab).

Individuals and Entities Involved

The attached properties are held by:

• Sushil Ansal (Promoter)
• Pranav Ansal & Son HUF (part of Promoter Group)
• Smt. Kusum Ansal (part of Promoter group)

Pranav Ansal, who is part of the Promoter Group, is currently the suspended Chairman and Whole Time Director of APIL.

Basis of the ED's Investigation

The ED's action stems from alleged violations of:

• The Water (Prevention and Control of Pollution) Act, 1974
• The Air (Prevention and Control of Pollution) Act, 1981

The investigation was initiated based on Prosecution Complaints filed by the Haryana State Pollution Control Board (HSPCB) regarding non-compliance with environmental norms in two Gurugram-based real estate projects: 'Sushant Lok- I' and 'Esencia'.

Findings of the Investigation

The ED's investigation revealed:

1. No Sewage Treatment Plant (STP) was installed in the 'Sushant Lok Phase-I' project.
2. The STP installed in the 'Esencia' project was of inadequate capacity.
3. During HSPCB officials' inspection, the STPs were found abandoned without proper operation and maintenance.

Impact on Ansal Properties and Infrastructure Limited

Currently, APIL is undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The company's affairs, business, and assets are being managed by Resolution Professional, Shri Navneet Kumar Gupta, appointed by the National Company Law Tribunal (NCLT), New Delhi.

While the immediate financial impact on APIL may be limited due to the ongoing CIRP, the long-term implications of this ED action remain to be seen as the investigation progresses.

Conclusion

This action by the Enforcement Directorate highlights the increasing scrutiny on real estate developers regarding environmental compliance and financial practices. As the investigation continues, it may have broader implications for the real estate sector and environmental regulations enforcement in India.