In compliance with Regulation 42 of SEBI (LODR) Regulations, 2015, it is hereby informed that the Company has fixed Thursday, 4th September, 2025 as record date for the purpose of suspension ....
Awaiting price reaction for this filing.
ARSS Infrastructure Projects has fixed 4th September 2025 as the record date for suspending trading of its equity shares for a period of six months from the effective date. This action follows the approval of its Resolution Plan by the NCLT Cuttack Bench on 29 August 2025 under the Insolvency and Bankruptcy Code, 2016. The company has a paid-up equity share capital of Rs. 22.73 crore (face value Rs. 10 per share). The intimation is signed by the Resolution Professional, confirming the company is currently under the corporate insolvency resolution process.
Shareholders will see trading in ARSSINFRA suspended for six months as the approved Resolution Plan is implemented, meaning existing shareholders may face significant dilution or change in ownership structure. Investors should review the approved Resolution Plan carefully to understand the treatment of their shareholdings.