Description
NSE suspends trading in ARSS Infrastructure Projects Limited (ARSSINFRA) effective December 19, 2025, due to capital reduction pursuant to NCLT order dated August 29, 2025.
Summary
National Stock Exchange of India has suspended trading in equity shares of ARSS Infrastructure Projects Limited (Symbol: ARSSINFRA) effective December 19, 2025. The suspension is imposed under Regulation 3.1.2 of the NSE (Capital Market) Trading Regulations Part A, on account of capital reduction pursuant to an NCLT (National Company Law Tribunal) order dated August 29, 2025.
Key Points
- Trading in ARSSINFRA equity shares suspended from December 19, 2025
- Suspension based on NSE Capital Market Trading Regulations Part A, Regulation 3.1.2
- Reason: Capital reduction pursuant to NCLT order dated August 29, 2025
- Circular issued by NSE Listing Department
- Circular reference number: 2481/2025
Regulatory Changes
No new regulatory changes introduced. This circular implements existing regulations under NSE (Capital Market) Trading Regulations Part A, Regulation 3.1.2, which governs suspension of securities from trading.
Compliance Requirements
- All NSE trading members must cease trading in ARSSINFRA equity shares effective December 19, 2025
- Trading members should update their systems to reflect the trading suspension
- No buy or sell orders for ARSSINFRA can be executed on the NSE platform from the effective date
Important Dates
- Circular Date: December 18, 2025
- Effective Date of Suspension: December 19, 2025
- NCLT Order Date: August 29, 2025 (basis for suspension)
Impact Assessment
Market Impact: High - Complete trading suspension prevents all market participants from buying or selling ARSSINFRA shares on NSE, eliminating liquidity for existing shareholders.
Shareholder Impact: High - Existing shareholders cannot exit their positions through NSE trading. The capital reduction approved by NCLT may affect shareholding structure and equity value.
Operational Impact: Trading members must ensure their systems are updated to prevent order placement for the suspended security, ensuring compliance with the suspension directive.
Impact Justification
Complete trading suspension of a listed equity security affects all shareholders and market participants, preventing liquidity and trading activity due to capital restructuring.