ARSS Infrastructure Projects Limited has informed the Exchange regarding Appointment of Ms as Other of the company w.e.f. August 11, 2025.
Awaiting price reaction for this filing.
ARSS Infrastructure Projects, which is currently under the Corporate Insolvency Resolution Process (CIRP) since November 2021, has announced the appointment of two auditors via its Resolution Professional. M/s Sunita Jyotirmoy & Associates has been recommended as the Secretarial Auditor for a five-year term covering FY 2025-26 to FY 2029-30, subject to shareholder approval at the AGM on September 24, 2025. Separately, M/s I C Kundu & Co., Cost Accountants has been appointed as the Cost Auditor for FY 2025-26 with effect from August 11, 2025. Both appointments are routine regulatory requirements under the Companies Act, 2013 and SEBI Listing Regulations. The firm Sunita Jyotirmoy & Associates has over 19 years of experience in company law and secretarial compliance, while I C Kundu & Co. has more than 15 years of experience in cost accounting.
This is a routine compliance filing and should not materially affect the stock price. The CIRP status remains the key overhang — the company is still going through insolvency resolution, and decisions are being made by the Resolution Professional rather than a regular board. Shareholders may want to monitor progress on the insolvency resolution rather than this procedural appointment.