ARSS Infrastructure Projects Limited has informed the Exchange about Corporate Insolvency Resolution Process
Awaiting price reaction for this filing.
ARSS Infrastructure Projects Limited has informed the exchanges that the Third Meeting of its Monitoring Committee will be held on Friday, 26th September 2025 at 11:00 A.M. The Monitoring Committee is constituted as part of the Corporate Insolvency Resolution Process (CIRP) underway against the company. The intimation has been made under SEBI Listing Regulations. The company has been under insolvency proceedings, and this is the third such committee meeting being scheduled.
The continued existence and functioning of a Monitoring Committee under CIRP indicates that the company's insolvency resolution is still in progress and a final resolution plan is yet to be approved. For shareholders, this is a negative signal — equity holders typically face significant dilution or wipeout under insolvency resolution, and the stock remains a high-risk penny stock with limited recovery prospects until resolution is completed.