Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Appointment of Statutory Auditors of the material subsidiary company i.e ....
Awaiting price reaction for this filing.
ARSS Infrastructure Projects announced that its material subsidiary, ARSS Damoh Hirapur Tolls Private Limited, has appointed M/s A D V & Co. LLP, Chartered Accountants (FRN: 003467N/N500463) as its new Statutory Auditor, effective March 10, 2026. The appointment is to fill a casual vacancy created by the merger of the previous auditor, M/s M A R S & Associates (FRN: 010484N), into the new firm. The new auditor is based in Karol Bagh, New Delhi, and provides audit, tax advisory, compliance, and assurance services. The appointment is subject to approval from the members of the subsidiary company under Sections 139 and 141 of the Companies Act, 2013.
This is a routine procedural change at the subsidiary level driven by an accounting firm merger, not a governance concern. It is unlikely to have any material impact on ARSS Infrastructure Projects' shareholders or stock price.