ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionCriticalPositive
Announced Mon, 22 Dec, 2025 · 16:51 IST
ARSS Infra completes equity allotment under approved resolution plan
Price reaction
Awaiting price reaction for this filing.
AI summary
ARSS Infrastructure Projects has completed allotment of 7.80 crore equity shares under its NCLT-approved Resolution Plan. The CIRP began on 30 Nov 2021 and NCLT approved the plan from Ocean Capital Market Ltd (OCML) on 29 Aug 2025. Allotments include 30 lakh shares to OCML, 7.35 crore to its AIF, and 15 lakh to assenting financial creditors. Authorized share capital was increased on 9 Dec 2025.
Likely market impact
Major equity dilution as new promoter OCML takes control. Existing shareholders face significant change in ownership and management structure.