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 the Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges that the 41st meeting of its Committee of Creditors (CoC) is scheduled for Thursday, June 26, 2025, at 3:00 PM. The filing is submitted under SEBI Listing Regulations and confirms that the company continues to be in active insolvency proceedings. The letter is signed by the Company Secretary, Prakash Chhajer, on behalf of the company operating under CIRP. This is a procedural update and not a new insolvency event.
No new material impact on shareholders from this specific filing — it is a routine procedural intimation. However, the company remains under prolonged insolvency proceedings (41st CoC meeting), which signals continued uncertainty regarding recovery, resolution plan approval, and equity value. Shareholders should expect ongoing risk of dilution or write-down.