Ansal Properties & Infrastructure Limited has announced the successful completion of its 48th Committee of Creditors (COC) meeting for the Fernhill Project, held on January 27, 2026. The meeting addressed critical operational and financial matters related to the project currently under Corporate Insolvency Resolution Process (CIRP).

Meeting Outcomes and Approvals

The COC meeting resulted in unanimous approval for both agenda items presented. The voting process concluded on February 01, 2026, with positive outcomes for key operational decisions.

Project Management Structure

The Fernhill Project, situated in District Gurgaon, Haryana, operates under the management of Shri Balesh Kumar Grover, who serves as the Resolution Professional for this specific project. This management structure was established following the Hon'ble National Company Law Appellate Tribunal (NCLAT) order dated January 13, 2023, which confined the Section 7 application specifically to the Fernhill project.

Corporate Insolvency Resolution Process Context

Ansal Properties and Infrastructure Limited is currently undergoing Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016. The company's affairs, business, and assets are being managed by Shri Navneet Kumar Gupta, who serves as the Resolution Professional, appointed by the Hon'ble National Company Law Tribunal (NCLT), New Delhi.

Multiple Project Management

The company operates several projects under different resolution frameworks:

• Fernhill Project: Managed by Shri Balesh Kumar Grover, Resolution Professional
• Serene Residency Group Housing Project: Located in Sector ETA-II, Greater Noida, U.P., managed by Shri Navneet Kumar Gupta
• Other Projects: CIRP confined to Lucknow and some projects of Rajasthan as per Hon'ble NCLAT order dated January 07, 2025

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had previously submitted prior intimation to stock exchanges on January 23, 2026, regarding the scheduled COC meeting. The outcomes demonstrate continued progress in the resolution process while maintaining transparency with stakeholders and regulatory authorities.

Ansal Properties & Infrastructure Limited conducted its sixth Committee of Creditors (CoC) meeting on December 30, 2025, as part of its ongoing Corporate Insolvency Resolution Process (CIRP). The meeting was held through audio/video conferencing from 4:00 PM to 4:50 PM, chaired by Resolution Professional Navneet Kumar Gupta.

Meeting Overview and Participation

The CoC meeting followed proper regulatory procedures, with the Resolution Professional conducting roll calls of all participants and authorized representatives attending through video conferencing. The meeting achieved the required quorum in accordance with Regulation 22 of the Insolvency and Bankruptcy Board of India regulations.

Key Agenda Items Discussed

The meeting covered thirteen major agenda items addressing various aspects of the company's insolvency proceedings:

Regulatory Compliance and Project Updates

Significant attention was given to ongoing non-compliance issues with Haryana RERA, including pending proceedings and regulatory actions pertaining to the company's Haryana projects. The committee discussed waiver of interest and penalties for transfer/registration of units, flats, or plots for allottees and homebuyers affected by prolonged project delays.

Project Management Structure

The company's affairs are managed under a complex structure involving multiple resolution professionals:

• Main Company: Managed by Navneet Kumar Gupta, Resolution Professional, under NCLT New Delhi Bench IV order dated February 25, 2025
• Serene Residency Project: Located in Sector ETA-II, Greater Noida, also managed by Navneet Kumar Gupta, with resolution plan approved by NCLT on October 6, 2025
• Fernhill Project: Situated in District Gurgaon, Haryana, managed by Jalesh Kumar Grover as Resolution Professional

Operational Status and Legal Updates

The meeting provided comprehensive updates on the company's operational status as per Regulation 31B of the IBBI regulations. Legal updates were shared with CoC members and other stakeholders regarding the ongoing Corporate Insolvency Resolution Process. The Resolution Professional's AFA (Authorization for Assignment) was valid till December 31, 2025, with renewal application submitted.

Previous Meeting Reference

The committee took note of the minutes and voting results from the fifth CoC meeting held on September 10, 2025, ensuring continuity in the resolution process. The company had provided prior intimation about this sixth meeting to stock exchanges on December 24, 2025, maintaining transparency with regulatory authorities and stakeholders.