In furtherance to our earlier intimation dated 21.05.2025, on captioned subject regarding the matter was heard before the Hon''ble NCLT, Cuttack Bench, Cuttack on dated 21.05.2025 and ....
Awaiting price reaction for this filing.
ARSS Infrastructure Projects, which is currently under Corporate Insolvency Resolution Process (CIRP), has informed the stock exchanges that the Hon'ble NCLT Cuttack Bench has listed the matter for Pronouncement of Order on August 29, 2025. This order relates to the Resolution Plan filed by the company. The matter was last heard on May 21, 2025, after which it was reserved for orders. The company is disclosing this update in line with SEBI LODR requirements for firms undergoing insolvency proceedings.
The August 29 order is a key event for the stock - approval of the resolution plan could revive the company and benefit shareholders, while rejection could push it towards liquidation. Retail investors should brace for high volatility around the pronouncement date.