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ARSS Infrastructure Projects informs about ceasing of subsidiary

24 Sep 2015 Evaluate

With reference to the earlier letter dated September 16, 2015 regarding the proposed transfer of entire 51% shareholding held by ARSS Infrastructure Projects Limited in one of the Company's subsidiaries named ‘ARSS Bus Terminal Private Limited’ to ‘Welspun Enterprise Limited’, ARSS Infrastructure Projects has further informed that Company has completed the transfer formalities in relation to the Transaction and ARSS Bus Terminal Private Limited has ceased to be a subsidiary of the Company with effect from September 23, 2015.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Larsen & Toubro 4158.55
Kalpataru Projects 1333.10
NCC 134.55
Rail Vikas Nigam 200.40
KEC International 333.40
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