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Ansal Properties Secures NCLT Approval For ₹300 Crore Fernhill Resolution Plan

5 September 2026
Ansal Properties & Infrastructure Ltd.

NCLT approved Krish Infrastructure’s ₹300 crore Fernhill resolution plan, including ₹20 crore funding and phased possession within 10–34 months. Fernhill will be demerged into a new entity, with Ansal’s existing equity fully extinguished—positive for project revival but negative for APIL shareholders.

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