BSEARSS Infrastructure Projects LtdHighNeutral
Announced Tue, 6 Oct, 2026 · 17:56 IST
Nominee Roger Bravo withdraws from ARSS resolution plan shares
Price reaction
Awaiting price reaction for this filing.
AI summary
ARSS Infrastructure says Roger Bravo, holding 7.35 crore shares (about 81.55% of paid-up capital) as nominee of resolution applicant Ocean Capital Market, has withdrawn as nominee. NCLT Cuttack approved Ocean Capital's resolution plan on 29 Aug 2025. Roger Bravo waives all claims and consents to substitution. Total share capital stays unchanged. Plan shares are not yet listed or credited to demat.
Likely market impact
Nominee change may delay listing of resolution plan shares and adds uncertainty to plan implementation, though share capital is unchanged.