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An update from Ansal Properties & Infrastructure Ltd. ( (IN:ANSALAPI) ) is now available.
Ansal Properties & Infrastructure Ltd. has disclosed the outcome of the 46th meeting of the Committee of Creditors for its Fernhill Project in Gurugram, Haryana, which is under a project-specific insolvency resolution process. At this meeting, creditors approved an updated list of claims filed after a recent National Company Law Tribunal order, in line with insolvency regulations, marking a procedural but important step in advancing the resolution of the Fernhill Project within the broader insolvency proceedings affecting the company and its stakeholders.
More about Ansal Properties & Infrastructure Ltd.
Ansal Properties & Infrastructure Ltd. is an Indian real estate and infrastructure developer with multiple housing projects, including the Serene Residency project in Greater Noida, Uttar Pradesh, and the Fernhill Project in Gurugram, Haryana. The company is currently undergoing a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016, with different resolution professionals managing its various projects as appointed by the National Company Law Tribunal.
Average Trading Volume: 7,696
Technical Sentiment Signal: Sell
Current Market Cap: 544.6M INR
See more data about ANSALAPI stock on TipRanks’ Stock Analysis page.