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ARSS Infrastructure Projects receives approval for One Time Final Settlement Sanction

14 Feb 2019 Evaluate

ARSS Infrastructure Projects has received approval from IDBI Bank for One Time Final Settlement Sanction (OTS) settling the entire outstanding loan amount for Rs 25 crore. The company has also received approval from Punjab National Bank (PNB) for OTS settling the entire outstanding loan amount for Rs 104.24 crore.

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.

Peers
Company Name CMP
Larsen & Toubro 3685.50
Kalpataru Projects 1357.40
NCC 130.10
Rail Vikas Nigam 197.00
KEC International 372.40
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