ARSS Infrastructure Projects Ltd will close its trading window for designated persons starting October 1, 2026. The restriction remains in effect until 48 hours after the company declares its unaudited financial results for the quarter ended September 30, 2026.

Compliance with insider trading norms

The closure is mandated by the company's Code of Conduct to Regulate, Monitor and Report Trading of Securities. This code is framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015, as amended. The measure applies to designated persons and their immediate relatives.

Timeline for trading resumption

The trading window will reopen only after the mandatory 48-hour cooling period following the announcement of results to stock exchanges. This ensures that all market participants have equal access to the financial data before trading resumes.

The company filed this notice with both the Bombay Stock Exchange and the National Stock Exchange on September 24, 2026. Rajendra Biswal, Company Secretary and Compliance Officer, signed the digital communication confirming the schedule.

ARSS Infrastructure Projects Limited filed its annual report for FY26 with stock exchanges on September 5, 2026. The disclosure precedes the company’s 26th Annual General Meeting scheduled for September 29, 2026.

The filing was made pursuant to Regulation 34(1) and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The annual report, along with the notice for the AGM, is available electronically to members who have registered email addresses. Shareholders without registered emails will receive a letter containing the web link to the integrated report.

Leadership Changes

The Board proposes changing Mr. Patnaik’s designation from Chairman to Chairman and Managing Director for five years, commencing August 14, 2026. This follows the resignation of Gopal Krishna Dash from the Managing Director role on August 11, 2026.

Mr. Patnaik, aged 77, requires shareholder approval under Section 196(3)(a) of the Companies Act, 2013, due to his age. The Nomination and Remuneration Committee recommended his appointment citing his experience in mining, steel, and infrastructure sectors.

The remuneration is proposed under Section 197(3) read with Schedule V, Part II, Section II, Item (B), due to the inadequacy of profits. The payment covers three years from August 14, 2026, to August 13, 2029.

Governance and Auditors

Shareholders will vote to replace the existing Articles of Association with a new set aligned with the Companies Act, 2013. This special resolution aims to ensure compliance with current legal frameworks and improve governance flexibility.

The meeting will also appoint M/s A D V and Co LLP as statutory auditors for two years, replacing M/s M A R S & Associates following a merger. The remuneration is set at ₹12,00,000 per annum plus taxes and expenses. Additionally, the cost auditor remuneration of ₹60,000 per annum for M/s I C Kundu & Co will be ratified.