ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionHighPositive
Announced Fri, 24 Oct, 2025 · 19:33 IST

ARSS Infrastructure wins Rs 80.20 crore railway subcontract

Price reaction

Awaiting price reaction for this filing.

AI summary

ARSS Infrastructure Projects received an Rs 80.20 crore subcontract from ABCI-SCPL Joint Venture for bridge construction on the Khurda Road Division railway project between Mandasa Road and Summadevi. The amount includes GST and a 5% technical charge to the main contractor. Completion is due within 24 months, and monthly bills are payable within 10 days after the principal employer pays. The company is still implementing its post-insolvency resolution plan.

Likely market impact

Positive for order visibility, but the 5% fee, 24-month delivery requirement and ongoing resolution plan keep execution and payment risks.