Ansal Properties & Infrastructure Limited
Ansal Properties and Infrastructure Ltd. is engaged in the business of real estate development in residential, commercial and retail segments.
What Ansal files
- Others191
- Important20
- Results13
- Board Meeting12
- Updates9
- Dividend/Bonus2
Ansal Properties' Board launched a forensic audit (2016-2026) via AdvaRisk after discovering potential undervaluation, illegal related-party dealings, and fund diversion. This aims to unearth past irregularities. They also changed authorized signatories for Sushant Taj City property deeds.
Ansal Properties' Board has appointed AdvaRisk for a forensic audit (2016-2026) citing suspected undervaluation, illegal transactions, and fund diversion by the erstwhile board. They also replaced the authorized signatories for the Sushant Taj City, Agra Project.
Ansal Properties' Board approved audited consolidated FY25 results: Loss of ₹1253.85 Cr on ₹778.70 Cr income. No dividend declared. Board also approved several standalone quarterly results & auditor appointments. Noted ongoing project CIRP and related financial uncertainties. #AnsalProperties
Ansal Properties' board finalized plans to appoint six directors, including a new Chairman and Whole-Time Director, pending shareholder approval. Significant operational update: NCLAT has confined the company's insolvency process to Lucknow & Rajasthan projects, with other resolutions progressing.
The board has designated Shri Sanjay Jain as Chairman (Independent), Roshan Lal Kamboj & Ashok Kumar Verma as Independent Directors. Vipul Garg was named Non-Executive Director, Kanta Devi as Non-Executive Woman Director, and Siddhartha Goenka as Whole Time Director, all for a 2-year term.