BSEARSS Infrastructure Projects LtdMediumNeutral
Announced Mon, 20 Jul · 18:57 IST
Board meeting on 23 July to consider fund raise via preference shares
Fund Raising View source PDF
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
ARSS Infrastructure Projects Ltd has informed BSE that its Board will meet on 23 July 2026 to consider raising funds by issuing Non-Convertible, Non-Cumulative redeemable preference shares under private placement. The trading window for directors, promoters, designated persons and their relatives is already closed. Key details such as issue size, coupon and pricing have not been disclosed yet.
Likely market impact
Preference share issuance can affect capital structure and dilute existing holders. Watch for terms like coupon rate and issue size.