Ansal Properties & Infrastructure Limited (APIL) has provided a clarification to the National Stock Exchange of India Limited (NSE) regarding observations on their financial results. The company stated that the Corporate Insolvency Resolution Process (CIRP), initiated on February 25, 2025, has now been confined to the Lucknow and Rajasthan projects by a Hon'ble NCLAT order dated January 7, 2026. APIL further explained that consolidated financial results for the quarter ended June 30, 2025, could not be disseminated due to a lack of financial statements and data from subsidiaries and other consolidating entities. This was previously intimated to the NSE. Consequent to the NCLAT order, the company's Board has been re-constituted on February 3, 2026. The consideration of all Un-Audited/Audited Financial Results by the Board of Directors will occur in an upcoming Board Meeting. Additionally, the Serene Residency Group Housing Project in Greater Noida has a Resolution Plan approved by the NCLT on October 6, 2025. The Fernhill Project in Gurgaon is managed by its own Resolution Professional.
