Ansal Properties & Infrastructure Limited has formally announced the resignation of Shri Sanjay Kumar from his position as Head-Information Technology, effective 12th February, 2026. The company has notified both the National Stock Exchange and BSE Limited about this key personnel change in compliance with regulatory requirements.

Resignation Details and Timeline

Sanjay Kumar submitted his resignation letter on 13th January, 2026, following the company's standard 30-day notice period policy. His last working day will be 12th February, 2026, marking the end of his tenure in the Information Technology leadership role.

Regulatory Compliance and Disclosure

The company has fulfilled its obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure includes all mandatory details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13th July, 2023, for changes in key managerial personnel.

Ansal Properties has provided the resignation letter as Annexure A to the stock exchanges, ensuring complete transparency in the personnel change announcement.

Employee's Statement and Transition

In his resignation communication, Sanjay Kumar expressed gratitude for the opportunities and experiences gained during his tenure. He cited the decision to pursue new opportunities that align more closely with his career goals and personal aspirations as the primary reason for his departure.

The departing IT head has committed to ensuring a smooth transition during his notice period, including:

• Handing over responsibilities to the reporting manager
• Training replacement personnel
• Providing necessary documentation
• Transferring company assets and obtaining clearance certificates

Company Background and Current Status

Ansal Properties and Infrastructure Limited operates under multiple regulatory frameworks, with certain projects currently under resolution processes. The company's Lucknow and Rajasthan projects are managed under Corporate Insolvency Resolution Process following NCLAT order dated 7th January, 2026. Additionally, specific projects including Serene Residency Group Housing Project in Greater Noida and Fernhill Project in Gurgaon are under respective Resolution Professional management.

The IT department transition will be managed internally while maintaining operational continuity across all active projects and corporate functions.

Ansal Properties & Infrastructure Limited has completed a significant board restructuring with the appointment of six new directors following the departure of promoter Shri Pranav Ansal from key leadership positions. The board meeting held on February 12, 2026, formalized these appointments and designations for a consecutive two-year term from February 11, 2026, to February 10, 2028.

Leadership Transition and New Appointments

The restructuring follows the cessation of Shri Pranav Ansal (DIN: 00017804) from his positions as Chairman, Whole Time Director and Director effective October 31, 2025. In response to this leadership change, the company appointed six new directors across two phases - three on February 3, 2026, and three additional directors on February 5, 2026.

New Chairman and Key Appointments

Shri Sanjay Jain has been designated as the new Chairman and Non-Executive Independent Director. He brings extensive legal expertise as an Advocate practicing before the Supreme Court of India and Delhi High Court, with specialization in arbitration, constitutional law, corporate and banking laws, real estate, and taxation. He holds an LL.M. in International Law from the University of Bristol, an MBA in International Business, and is a Gold Medalist in LL.B.

Shri Roshan Lal Kamboj, appointed as Non-Executive Independent Director, contributes over 30 years of manufacturing industry experience since 1992. His expertise spans manufacturing operations and business management, adding strategic insight to the board.

Additional Director Profiles

Shri Vipul Garg joins as Non-Executive Director with over 17 years of experience in Strategic Planning, Corporate Governance, and Business Scale-up across Real Estate, Healthcare, Retail, and Food industries. He currently serves as director on six private limited entities.

Shri Ashok Kumar Verma brings 18 years of accounts and finance experience, primarily in the real estate sector, with expertise in financial accounting, taxation, and regulatory compliance. Smt. Kanta Devi, appointed as Non-Executive Woman Director, contributes four decades of experience in education, women empowerment, and social reform, serving as National President of Mission Ekta Party since January 2015.

Shri Siddhartha Goenka, designated as Whole Time Director, is a textile professional with over 12 years of experience in manufacturing, sourcing, and trading, holding qualifications from national and international textile institutions.

Regulatory Compliance and Corporate Status

All appointed directors are not debarred from holding office by SEBI or any other authority, and their appointments remain subject to shareholder approval at the next general meeting. The appointments comply with Regulations 17 and 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and the Companies Act, 2013.

The company noted that Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, has been confined to Lucknow and Rajasthan projects following the NCLAT order dated January 7, 2026. Various projects including Serene Residency Group Housing Project and Fernhill Project are currently managed by respective Resolution Professionals.