ARSS Infrastructure Projects Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
ARSS Infrastructure Projects Limited, which is already under Corporate Insolvency Resolution Process (CIRP), has informed the exchanges about its 42nd meeting of the Committee of Creditors. The CoC meeting is scheduled for Wednesday, July 23, 2025, at 3:00 PM. The intimation is filed under SEBI Listing Regulations. The company has been under CIRP for an extended period, as indicated by this being the 42nd CoC meeting. No resolution plan approval or new development is mentioned in this filing.
This is a routine procedural intimation and not a new insolvency admission. However, the fact that the 42nd CoC meeting is still being held without a concluded resolution plan highlights prolonged uncertainty for shareholders, with continued risk of low recovery or eventual liquidation.