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ARSSINFRANSEARSS Infrastructure Projects Limited· ConstructionHighNegative
Announced Wed, 3 Sept, 2025 · 18:25 IST

ARSSINFRA sets 4 September 2025 record date for six-month trading suspension

NCLT approved the resolutionRegulatory & Legal View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

The National Company Law Tribunal, Cuttack approved a resolution plan for ARSS Infrastructure Projects on 29 August 2025 under the insolvency law. The company fixed 4 September 2025 as the record date for suspending trading in its equity shares for six months from the plan's effective date. Its paid-up equity capital is Rs 22.73 crore.

Likely market impact

The six-month suspension prevents buying or selling of shares and limits liquidity, so shareholders may not be able to exit their holdings.