Authority and Order Details

  • Authority: Adjudicating Authority under the Prevention of Money Laundering Act, 2002
  • Order Date: 05th August, 2026
  • Order Received Date: 05th August, 2026
  • Reference Order: Confirms Provisional Attachment Order No. 04/2026 dated 17th February, 2026
  • Original Complaint: No. 194/2026 filed by Directorate of Enforcement
  • Issuing Authority: Deputy Director, Directorate of Enforcement, Gurugram Zonal Office
  • ECIR Reference: ECIR/GNZO/03/2024
  • Legal Basis: Section 5(1) of the Prevention of Money Laundering Act, 2002

Asset Details and Financial Impact

  • Attached Assets Value: Approximately ₹82.79 crore
  • Asset Composition: Land and construction cost relating to the project "Ansal Hub-83"
  • Restrictions: Confirmation continues restriction on sale, transfer, or creation of third-party rights over the attached assets
  • Operational Impact: Company's business operations continue in the ordinary course except for the attached assets
  • Financial Impact Assessment: Ultimate financial impact cannot presently be quantified and depends on outcome of further legal proceedings

Company Response and Next Steps

  • Company is examining the Order dated 05th August, 2026
  • Will take further steps based on legal advice
  • Will pursue legal remedies available under applicable law
  • Committed to keeping Stock Exchange informed of any further material developments