Preferential Allotment/QIP
ARSS Infrastructure Allots ₹250 Crore Preference Shares
ARSS Infrastructure Projects allotted 25 crore unlisted NCRPS worth ₹250 crore to promoter Ocean Capital Market on a private placement basis.
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Upcoming Result Date: Nov 09, 2026
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Investor Presentation
Q4 FY26
Investor Presentation
Q3 FY26

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Ocean Capital Market received all 25 crore NCRPS allotted by ARSS Infrastructure Projects on November 6, 2026. The company identified Ocean Capital Market as its promoter and as the only investor in the Rs 250 crore private placement.
Shareholders approved the private placement of up to 25 crore non-cumulative non-convertible redeemable preference shares to Ocean Capital Market Limited. The maximum value of the issue is ₹250 crore, based on a face value of ₹10 per share.
The board proposed changing Mr. Patnaik’s designation from Chairman to Chairman and Managing Director for a five-year term commencing August 14, 2026.
The searches were conducted under PMLA, 2002 in connection with an investigation into alleged fraudulent or irregular loans from SREI group companies and their subsequent alleged non-repayment.
Preferential Allotment/QIP
ARSS Infrastructure Projects allotted 25 crore unlisted NCRPS worth ₹250 crore to promoter Ocean Capital Market on a private placement basis.
Board Meeting
ARSS Infrastructure Projects will hold a board meeting on 10 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026.