ARSS Infrastructure Projects Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
ARSS Infrastructure Projects Limited, currently under Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges that the Hon'ble National Company Law Tribunal (NCLT), Cuttack Bench is scheduled to pronounce its order on the company's Resolution Plan on August 29, 2025. The matter was previously heard on May 21, 2025 and reserved for orders. This is a key regulatory update under SEBI's LODR regulations for companies undergoing insolvency proceedings. The outcome of this order will determine the future course of the company, including potential revival or liquidation.
This is a critical milestone for shareholders — the NCLT's ruling on the resolution plan could either revive the company or push it toward liquidation. Existing equity holders face high uncertainty and significant risk of dilution or total loss depending on the resolution terms approved.