Ansal Properties & Infrastructure Limited (APIL), a company currently undergoing Corporate Insolvency Resolution Process (CIRP), conducted its fifth Committee of Creditors (CoC) meeting on September 10, 2025. The meeting, held via audio/video conferencing, lasted from 4:00 PM to 6:10 PM, reflecting the company's adherence to modern communication methods during its insolvency proceedings.

Key Agenda Items

The meeting covered several crucial points:

1. Appointment of Secretarial Auditor: Discussion and approval for appointing a Secretarial Auditor for the financial year 2025-2026, in compliance with Section 204 of the Companies Act, 2013.

2. Transaction Auditor Appointment: Deliberation on the appointment and fees of a Transaction Auditor to determine avoidance transactions as per sections 43, 45, 50, and 66 of the Insolvency and Bankruptcy Code.

3. Management Changes: Consideration of changes in the management of Ansal API Infrastructure Limited, a wholly-owned subsidiary of APIL.

4. Updated Creditors List: The committee took note of the updated list of creditors published by the Resolution Professional.

5. Valuation Progress: An update on the progress made by appointed valuers was presented.

6. Legal Updates: The CoC members and other stakeholders were briefed on legal matters pertaining to the CIRP of APIL.

Insolvency Process Status

APIL's insolvency proceedings were initiated by the National Company Law Tribunal (NCLT), New Delhi Bench, Court-IV in CP No.: IB 558(ND)/2024. The company's affairs, business, and assets are currently being managed by Shri Navneet Kumar Gupta, who was initially appointed as the Interim Resolution Professional and is now serving as the Resolution Professional.

Additional Notes

• The Serene Residency Group Housing Project in Greater Noida, U.P., is also under the management of Shri Navneet Kumar Gupta.
• The Fernhill Project in Gurgaon, Haryana, is being managed by Shri Jalesh Kumar Grover, a separate Resolution Professional.

Compliance with Regulations

The meeting and its proceedings were conducted in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This ensures transparency and adherence to regulatory requirements during the insolvency resolution process.

The ongoing CIRP for Ansal Properties and Infrastructure Limited represents a critical phase for the company, its creditors, and stakeholders. As the process unfolds, further updates are expected to shed light on the company's future direction and potential resolution outcomes.

Ansal Properties & Infrastructure Limited (APIL), a prominent real estate developer in India, has announced a change in the schedule for its upcoming Committee of Creditors (CoC) meeting. The company, currently undergoing Corporate Insolvency Resolution Process (CIRP), has rescheduled its 5th CoC meeting from September 8, 2025, to September 10, 2025.

Corporate Insolvency Resolution Process

The rescheduling of the CoC meeting comes amidst APIL's ongoing Corporate Insolvency Resolution Process, which was initiated following an order by the National Company Law Tribunal (NCLT), New Delhi Bench. The CIRP commenced on February 25, 2025, as per the company's intimation to the stock exchanges.

Project Management During CIRP

Despite the ongoing insolvency proceedings, APIL continues to manage multiple housing projects across different locations:

1. The Serene Residency Group Housing Project: Located in Sector ETA-II, Greater Noida, U.P., this project is being managed by Shri Navneet Kumar Gupta, who serves as the Resolution Professional for the project.

2. The Fernhill Project: Situated in Gurgaon, Haryana, this development is under the management of Shri Jalesh Kumar Grover, acting as the Resolution Professional for the project.

Compliance with Regulatory Requirements

The rescheduling of the CoC meeting has been duly communicated to the stock exchanges in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. This adherence to regulatory norms underscores APIL's commitment to transparency during the CIRP process.

Company Background

Ansal Properties and Infrastructure Limited, established in 1967, has been a significant player in the Indian real estate sector for over five decades. The company's registered office is located at 115, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi-110 001.

As the insolvency proceedings continue, stakeholders and investors will be closely watching the outcomes of the rescheduled Committee of Creditors meeting, which could have significant implications for the future of Ansal Properties and Infrastructure Limited.