Corporate Insolvency Resolution Process

13th July, 2026 Scrip Code : ANSALAPI Scrip Code: 500013 National Stock Exchange of BSE Limited India Limited 25th Floor, Exchange Plaza, Phiroze Jeejeebhoy Bandra–Kurla Complex, Towers, Dalal Street, Bandra (East) Mumbai – 400 001 Mumbai – 400 051 Reg: Post intimation - Minutes of Fifty-Forth (54th) Meeting of the Committee of Creditors of ‘Fernhill Project’ of Ansal Properties and Infrastructure Limited (APIL or Company) situated at District Gurgaon, Haryana, held on the 10th July, 2026. Ref: (i) Prior intimation submitted to the stock exchanges on the 08th July, 2026 for 54th Meeting of the Committee of Creditors for ‘Fernhill project’ of Ansal Properties and Infrastructure Limited (APIL), situated at District Gurgaon, Haryana (ii) Vide Order dated the 13th January, 2023 of Hon'ble National Company Law Appellate Tribunal, New Delhi (NCLAT) - Adjudicating Authority admitting Section 7 application shall confine to ‘Fernhill project’ situated at District Gurgaon (Initially, APIL was admitted into Corporate Insolvency Resolution Process vide Order dated the 16th November, 2022 passed by the Hon'ble National Company Law Tribunal, New Delhi Bench, Court-II). (ii) Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Dear Sir/Madam, With reference to the captioned matter and in compliance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find attached herewith “Annexure 1” the minutes of Fifty-Forth (54th) meeting of the Committee of Creditors of ‘Fernhill Project’ of Ansal Properties and Infrastructure Limited situated at District Gurgaon, Haryana held on the 10th July, 2026. This is for your information and records. 1) Vide Hon’ble NCLAT order dated the 07th January, 2026, Corporate Insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016 has now been Thanking you. confined to Lucknow and Rajasthan projects (as per settlement agreement dated 03rd March, 2022 between IL&FS Financial Services Limited and Ansal Yours faithfully, Properties and Infrastructure Limited) of the Company in CP No.: IB 558(ND)/2024. These Projects are currently managed by Shri Navneet Kumar For Ansal Properties and Infrastructure Gupta, Resolution Professional. Limited 2) The Serene Residency Group Housing Project of APIL, situated at Sector ETA –II, Greater Noida, U.P, is also managed by Shri Navneet Kumar Gupta, Resolution Professional of said Project. The Resolution Plan of the said project Siddharth Goenka was approved by Hon'ble National Company Law Tribunal (NCLT), New Delhi, Whole Time Director Bench II on the 06th October, 2025. (DIN: 11524566) 3) The Fernhill Project of APIL, situated at District Gurgaon, Haryana, is managed Encl: a/a Ansal Properties & Infrastructure Ltd 115, Ansal Bhawan, 16, Kasturba Gandhi Marg, New Delhi-110 001 Tel.: 23353316 & 23353550 Website: www.ansalapi.com CIN: L45101DL1967PLC004759 Email: contactansalapi@gmail.com MINUTES OF THE FIFTY FOURTH MEETING OF THE COMMITTEE OF CREDITORS (“COC”) IN THE MATTER OF M/S ANSAL PROPERTIES & INFRASTRUCTURE LIMITED (FERNHILL PROJECT, GURUGRAM) HELD ON 10TH JULY, 2026 AT 04:00 P.M. THROUGH VIRTUAL MODE PRESENT IN THE MEETING A. RESOLUTION PROFESSIONAL & TEAM NAME DESIGNATION MODE OF PRESENCE Mr. Jalesh Kumar Grover Resolution Professional/ Physical Chairman Ms. Oshin Thakur Team Members of RP Physical Ms. Riya Team Members of RP Physical Ms. Muskaan Team Members of RP Physical B. FINANCIAL CREDITOR: SR. NAME OF FINANCIAL MODE OF REPRESENTED BY NO. CREDITOR PRESENCE Authorized Representative 1 Ms. Aakriti Sood Audio visual of Home Buyers C. UNSECURED FINANCIAL CREDITOR: S. NO. NAME OF THE UNSECURED MODE OF PRESENCE FINANCIAL CREDITOR 1. Vinod Kumar and Babita Saini Audio Visual D. OPERATIONAL CREDITORS IF AGGREGATE DUES ARE ATLEAST 10% OF THE TOTAL DEBT: Not Applicable. E. SUSPENDED BOARD OF DIRECTORS OF ANSAL PROPERTIES INFRASTRUCTURE LIMITED (FERNHILL PROJECT, GURUGRAM) (‘CD’) S. No. NAME DESIGNATION MODE OF PRESENCE 1 Mr. Siddharth Goenka Director Absent (Whole Time Director) 2 Mr. Roshan Lal Kamboj Director Absent (Non-Executive Independent Director) 3 Mr. Sanjay Jain Director Absent (Chairman and Non-Executive Independent Director) 4 Mr. Vipul Garg Director Absent (Non-Executive Director) 5 Mr. Ashok Kumar Verma Director Audio Visual (Non-Executive Independent Director) 6 Smt. Kanta Devi Director Absent (Non- Executive Woman Director) POST NOTICE EVENT 1. The notice of the 54th meeting of CoC was sent 2 days prior to the CoC meeting i.e., 08.07.2026 by electronic means at the Email id of the Authorized Representative of Home Buyers, unsecured financial creditor and Directors (Powers Suspended) of Corporate Debtor, as per the record handed over by the Erstwhile RP and obtained from Public Domain. 2. The Authorized Representative of Home Buyers was also informed by the team of Resolution Professional about the 54th CoC meeting telephonically to ensure receipt of notice and also took confirmation for their participation. 3. The notice was sent to the Directors (Powers Suspended) of corporate debtor at their email ids available on the MCA portal. 4. The link to attend the meeting was shared with Authorized Representative of Home Buyers, unsecured financial creditor and Directors (Powers Suspended) of Corporate Debtor 10.07.2026. CONDUCT OF THE MEETING The meeting started at around 04:00 P.M. Ms. Aakriti Sood (Authorized Representative of Home Buyers) joined the meeting on behalf of class of financial creditors/homebuyers and Mr. Vinod Kumar Saini, unsecured financial creditor also participated virtually. The RP and his team members attended the meeting physically from Chandigarh Office. The attendance of the participants who were present in the meeting was marked by the team members of RP, who attended the meeting. Further, one of the Director, Mr. Ashok Kumar Verma (Power Suspended) also attended the meeting via Audio-Visual mode. Mr. Jalesh Kumar Grover, Resolution Professional of M/s Ansal Properties & Infrastructure Limited (Fernhill Project, Gurugram), for conducting its Insolvency Resolution Process took the chair and the meeting was called to order. 1. The Chairperson took the roll call of all the participants attending the meeting and announced their name, the name of the members of COC whom they were representing, and a confirmation was taken from every participant that they have received the agenda and notice of the meeting. 2. The Chairperson informed the participants that the required quorum is complete and meeting can be proceeded with and also informed the participants that the meeting shall have the presence of quorum throughout the meeting. 3. The Chairperson also informed the participants that as per Regulation 25(5) of IBBI (Insolvency Resolution Process of Corporate Persons) Regulations, 2016. The resolution professional shall: (a.) Circulate the minutes of the meeting by electronic means to all members of the committee and the authorized representative, if any, within forty-eight hours of the conclusion of the meeting; and (b.) Seek a vote of the members who did not vote at the meeting on the matters listed for voting, by electronic voting system in accordance with Regulation 26 where the voting shall be kept open from the circulation of the minutes, for such time as decided by the committee which shall not be (c.) less than twenty-four hours and shall not exceed seven days: Provided that on a request for extension made by a creditor, the voting window shall be extended in increments of twenty-four hours period: Provided further that the Resolution Professional shall not extend the voting window where the matters listed for voting have already received the requisite majority vote and one extension has been given after the receipt of requisite majority vote. (d.) As per Regulation 25 (6) of the Insolvency and Bankruptcy Board of India (Insolvency Resol [Showing first 8,000 characters — download PDF for full document]