ARSS Infrastructure Projects Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 24, 2025
Awaiting price reaction for this filing.
ARSS Infrastructure Projects Limited has informed the exchanges that its 25th Annual General Meeting will be held on Wednesday, September 24, 2025 at 11:00 a.m. (IST) via video conferencing in line with MCA and SEBI circulars. The company is currently under Corporate Insolvency Resolution Process (CIRP), which commenced on November 30, 2021 following an NCLT Cuttack Bench order triggered by State Bank of India, with Mr. Uday Narayan Mitra acting as the Resolution Professional and Board powers suspended. The Register of Members and Share Transfer Books will be closed from September 17 to September 24, 2025, with remote e-voting open from September 20 (9:00 a.m.) to September 23 (5:00 p.m.) and a cut-off date of September 17, 2025. Key business items include adoption of audited FY2024-25 standalone and consolidated financial statements, reappointment of a retiring director, ratification of cost auditor remuneration of ₹50,000, appointment of a new secretarial auditor for five years (FY2025-26 to FY2029-30) at ₹50,000 per annum, and approval of material related party transactions with ABCI-SCPL-SIPS JV up to ₹217.79 crore.
Shareholders of record as of September 17, 2025 are eligible to vote; the seven-day book closure means no share transfers will be processed during that window. The ongoing CIRP status remains the dominant factor — the Board remains suspended, the Resolution Professional is driving the agenda, and the sizable ₹217.79 crore related party transaction requires shareholder approval, signalling continued resolution-process activities rather than normal business operations.