ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionHighNeutral
Announced Tue, 11 Nov, 2025 · 19:32 IST
ARSS Infra Q2 FY26: Rs 3,228 cr Loss on Debt Resolution Implementation
Qualified OpinionEmphasis Of MatterGoing ConcernRevenue DeclinePat NegativeExceptional ItemResults View source PDFExplain this filing
Price reaction
Awaiting price reaction for this filing.
AI summary
ARSS Infra Q2 FY26 standalone net loss of Rs 3,227.70 cr on Rs 3,223.19 cr exceptional items from NCLT-approved resolution plan by Ocean Capital Market. Revenue fell sharply to Rs 11.41 cr vs Rs 33.66 cr YoY. CIRP since Nov 2021; plan approved Aug 2025, new board reconstituted Sept 29. EGM on Dec 9.
Likely market impact
Massive dilution ahead as 7.5 cr shares to be issued for unsustainable debt. Promoter shares extinguished; new board in place. Stock likely volatile.