Sub: Post-Facto Intimation of the 9th (Ninth) Meeting of Committee of Creditors ("CoC") of ARSS Infrastructure Projects Limited, the Corporate Debtor was scheduled on Friday, August 5, 2022 at 02.30 p.m.
Dear Madam/Sirs,
In continuation of our earlier intimation dated 3rd August, 2022 about meeting of Committee of Creditors (CoC), pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (LODR) and in accordance with the requirements of Clause 16(g) of Part A of Schedule III of LODR, we would like to inform you that the 9th (Ninth) meeting of the Committee of Creditors of the Company was duly convened and conducted on Friday, 5th August, 2022 at 02.30 p.m. onwards at the registered office of the company situated at Plot No- 38, Sector - A, Zone- D, Mancheswar Industrial Estate, Bhubaneswar, Khurda -751010, Odisha. The participants were also given an option to attend the meeting virtually.
At the aforesaid meeting, the RP of the Company apprised the Committee of Creditors, inter alia, about the current status of CIRP, composition of committee of creditors based on the claims received and Hon'ble NCLT Orders. Further Resolution Applicant has discussed his revised resolution plan with COC members. COC members discussed on Transaction audit report and valuation report with the transaction auditors and registered valuers respectively.
The meeting was concluded at 06.25 P.M.
You are requested to take the above information on record.
Thanking you,
Yours faithfully,
For ARSS Infrastructure Projects Limited (Company under CIRP)
ARSS Infrastructure Projects Ltd. published this content on 06 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2022 12:33:06 UTC.
ARSS Infrastructure Projects Limited is engaged in execution of contracts of various infrastructure projects including road work, bridge work, railway tracking and irrigation projects. The Company undertakes constructions of railway infrastructure, roads, highways, bridges, and irrigation projects. Its Railway projects include steel girder fabrication and erection, maintenance of railroads and rail infrastructure, flash butt welding for long rails at site, embankment, and cuttings for road/rail, and more. It executes various types of bridges, including concrete deck, prestressed concrete (PSC) bridges, steel girder bridges, and with various types of foundation, such as open foundation, well foundation, among others. Its clients include Ministry of Railways, State Government of Orissa, Rail Vikas Nigam Limited, RITES Limited, IRCON International Limited, National Thermal Power Corporation, Hindustan Steel Corporation Limited, PWD- Orissa, IOCL, and National Highway Authority of India.