ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionMediumNeutral
Announced Tue, 10 Jun · 18:18 IST

ARSS Infrastructure Projects Limited has informed the Exchange about General Updates

Management Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

ARSS Infrastructure Projects Limited, which is currently under the Corporate Insolvency Resolution Process (CIRP) since November 2021, has appointed M/s P R & Associates, Cost Accountants based in Bhubaneswar, as its Internal Auditor for FY 2025-26. The appointment was made by the Committee of Creditors (CoC) through e-voting concluded on 09.06.2025, and is effective from the same date. The firm was established in 2015 and offers services in audit, accounts, taxation, and management consultancy. The disclosure has been made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.

Likely market impact

This is a routine compliance-related update during the ongoing insolvency process. It does not change the company's financial position or CIRP status, and is unlikely to have a direct impact on the stock price. Shareholders should note that operational decisions, including auditor appointments, are being made by the CoC rather than the regular board.