ARSS Infrastructure Projects Limited — Important, 07-04-2025: Defaults on Payment of Interest/Principal

ARSS Infrastructure Projects Limited has disclosed defaults on interest payments and principal repayments on loans from banks and financial institutions for the quarter ended 31-03-2025. The total outstanding loans amount to ₹1,62,788.49 Cr, with the same amount reflecting defaults. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) and the admitted claims from financial creditors total ₹4,94,013.95 Cr.

This announcement underscores the financial strain on ARSS Infrastructure, impacting investor sentiment with heightened risks due to ongoing insolvency proceedings and significant defaults. While this could present opportunities for restructuring, investors should be cautious regarding the company's recovery trajectory amidst substantial liabilities.