ARSS Infrastructure Projects Limited has informed the Exchange that Record date for the purpose of Record date for the purpose of suspension of trading of shares as per the Resolution Plan. is 04-Sep-2025.
Awaiting price reaction for this filing.
ARSS Infrastructure Projects Limited has fixed 04-Sep-2025 as the record date for the suspension of trading of its shares in line with the approved Resolution Plan. This indicates that the company has undergone the corporate insolvency resolution process and a resolution plan has been finalised. Shareholders holding shares as on the record date will be eligible under the terms of the resolution plan. Post the record date, the shares are likely to be suspended from trading on the exchanges.
Shareholders should note that the stock will be suspended from trading after 04-Sep-2025, meaning they will not be able to buy or sell shares on the exchange thereafter. Existing equity holders may receive consideration as per the approved Resolution Plan, but the equity could effectively be written down or extinguished depending on the plan terms.