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ARSS Infrastructure Projects enter into agreements with CDR Lenders

Date: 10-09-2012

ARSS Infrastructure Projects has entered into agreements i.e. Master Restructuring Agreement (MRA) and Trust Retention Agreement (TRA) pursuant to the CDR Mechanism for implementation of terms and conditions stipulated in the Letter of Approval received from Corporate Debt Restructuring Empowered Group (CDR EG) with the CDR Lenders led by State Bank of India. The company has entered into agreements on September 06, 2012.

ARSS Infrastructure Projects is engaged in construction activities in India. It undertakes construction of railway infrastructure, roads, highways, bridges and irrigation projects. The company has developed expertise in railway construction projects, which includes earthwork, major and minor bridges, supply of ballast, sleepers, laying of sleepers and rails, linking of tracks etc.