ARSS Infrastructure Projects has received an approval for allotment of 78,94,736 equity shares worth Rs 60 crore at Rs 76 per share on preferential basis to the promoters and their associates in accordance with the approved Corporate Debt Restructuring Scheme. The board of directors at its meeting held on August 9, 2017 has approved for the same.
ARSS Infrastructure Projects started as a construction company in the field of railway infrastructure development. The company has developed an expertise in railway construction projects, which include earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc.
