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ARSS Infrastructure Projects allots 78.94 lakh equity shares

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Capital Market

Under CDR scheme

ARSS Infrastructure Projects announced that the Share Allotment Committee of Board of Directors of the company at their meeting on 9 August, 2017 considered and approved the allotment of 78,94,736 equity shares worth Rs. 60,00,00,000/- (Rs. Sixty Crores only) i.e @ Rs. 76/- per share on preferential basis to the promoters and their associates in accordance with the approved Corporate Debt Restructuring Scheme.

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First Published: Aug 09 2017 | 1:09 PM IST

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