ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionHighPositive
Announced Fri, 24 Oct, 2025 · 19:30 IST
ARSS Infra receives Rs 37.79 crore railway subcontract
Price reaction
Awaiting price reaction for this filing.
AI summary
ARSS Infrastructure received a Rs 37.79 crore work order from SIPS-SCPL (JV) for designing, supplying, erecting, testing and commissioning 25 kV overhead equipment on a new East Coast Railway line between Dasapalla and Purunakatak. The subcontract includes GST and a 5 percent technical commission, with 24 months to complete. The company remains under the corporate insolvency resolution process.
Likely market impact
Adds Rs 37.79 crore of contracted work and supports revenue visibility, but execution and payment timing remain key risks.