BSEARSS Infrastructure Projects LtdMediumNeutral
Announced Mon, 11 Aug · 20:13 IST

1. Recommended to the shareholder, the Appointment of M/s Sunita Jyotirmoy & Associates as Secretarial Auditors of the Company. 2. Appointment of M/s I C Kundu & Co. Cost Accountants to ....

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ARSS Infrastructure Projects Ltd, currently under Corporate Insolvency Resolution Process (CIRP) since November 2021, has announced the appointment of two auditors. The Resolution Professional has recommended M/s Sunita Jyotirmoy & Associates as Secretarial Auditors for a 5-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the AGM on September 24, 2025. Additionally, M/s I C Kundu & Co., Cost Accountants has been appointed as Cost Auditor for FY 2025-26 with effect from August 11, 2025. Both firms are based in Bhubaneswar, Odisha, with 19 and 15 years of experience respectively.

Likely market impact

These are routine auditor appointments and largely procedural filings under the CIRP process. Since the company remains under insolvency resolution, this is unlikely to have any material impact on the stock price. Shareholders will vote on the Secretarial Auditor appointment at the upcoming AGM.