ARSS Infrastructure Projects Limited — Others, 23-07-2025: Delay/default in the payment of fines/penalties/dues etc. to authority

ARSS Infrastructure Projects, currently undergoing Corporate Insolvency Resolution Process (CIRP), has disclosed significant defaults on its loan payments. The company has defaulted on 1,627.88 Cr in outstanding loans and revolving facilities from banks and financial institutions, representing all outstanding loans in this category. Furthermore, the total admitted claims from all financial creditors under the CIRP amount to 4,940.14 Cr. This extensive default highlights the company's severe financial distress and the ongoing challenges of its insolvency proceedings, posing substantial risk to shareholders.