Description
BSE suspends trading in ARSS Infrastructure Projects Limited following NCLT approval of resolution plan under IBC 2016.
Summary
BSE has suspended trading in equity shares of ARSS Infrastructure Projects Limited (Scrip Code: 533163) effective September 4, 2025, following NCLT Cuttack Bench approval of the company’s resolution plan under the Insolvency and Bankruptcy Code, 2016.
Key Points
- NCLT Order dated August 29, 2025 approved resolution plan under IBC 2016
- Company required to be suspended immediately pursuant to NCLT Order
- Trading suspension effective from September 4, 2025
- Suspension implemented to avoid market complications
- Scrip Code: 533163
Regulatory Changes
Trading in ARSS Infrastructure Projects Limited securities is completely suspended on BSE platform as per regulatory requirements following insolvency resolution approval.
Compliance Requirements
All BSE members must cease trading activities in ARSS Infrastructure Projects Limited shares. For clarifications, members should contact bse.soplodr@bseindia.com.
Important Dates
- August 29, 2025: NCLT Order date approving resolution plan
- September 3, 2025: BSE circular date
- September 4, 2025: Trading suspension effective date
Impact Assessment
Complete halt in secondary market trading for ARSS Infrastructure Projects Limited shares affects all existing shareholders and prevents new investments. The suspension is indefinite pending completion of the resolution process under IBC framework.
Impact Justification
Complete trading suspension of a listed company due to insolvency proceedings affects all shareholders and market participants