BSECompany Update8 Aug 2026 · 8 Aug 2026, 06:16 pm
Intimation regarding work order of Rs. 19,78,77,668.00
ARSS Infrastructure Projects Ltd · 533163
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ARSS Infrastructure Projects Ltd has received a work order of Rs. 19,78,77,668.00 for the improvement of Danagadi-Bangarkata road in the district of Jajpur under State Plan.
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ARSS Infrastructure Projects Ltd - 533163 - Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
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ARSS
ARSS INFRASTRUCTURE PROJECTS LTD.
Date: 08-08-2026
Bombay Stock Exchange Limited, National Stock Exchange of India Limited,
Phiroze Jeejeebhoy Towers Exchange Plaza, Plot No-C1, G Block
1st Floor, Rotunda Building, BandraKurla Complex,
Dalal Street, Bandra (E),
Mumbai- 400 001 Mumbai-400051
BSE Scrip Code - 533163 NSE Symbol: ARSSINFRA
Sub — Intimation regarding Work Order
Dear Sir/Madam,
In accordance with the Regulation 30 of the Securities and Exchange Board of India
(Listing Obligation and Disclosure Requirements) Regulation 2015, we are pleased to
inform you that we have received a work order of Rs. 19,78,77,668.00 (Rupees Nineteen
Crore Seventy Eight Lakh Seventy Seven Thousand Six Hundred Sixty Eight rupees
Only) for the work “Improvement such as widening and strengthening to Danagadi-
Bangarkata road from 0/000 km to 27/040 km (except from 3/500 km to 4/500 km, from 7/000
km to 7/890 km, from 10/740 km to 12/007 km, from 16/960 km to 18/444 km and from 20/448
km to 20/627 km) in the district of Jajpur under State Plan.” from OFFICE OF THE
SUPERINTENDING ENGINEER PANIKOILI (R&B) DIVISION, PANIKOLILI vide letter
No. 6103 dated 05-08-2026 received by the company on 08-08-2026.
Further, the details as required under Listing Regulations read with SEBI Circular no
SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13t July, 2023 is enclosed as
annexure A.
This is for your information & record please.
Thanking You
Yours faithfully,
For ARSS Infrastructure Projects Limited
(Rajendra Biswal)
Company Secretary &
Compliance Officer
ACS- 76448
Encl: As above
Regd. Off.: Plot No-38, Sector —A, Zone-D, Mancheswar Industrial Estate, Bhubaneswar -751010 (Odisha)
Tel-91 0674 2602763 Email :cs@arssgroup.in
CIN : L141030R2000PLC006230
ARSS
ARSS INFRASTRUCTURE PROJECTS LTD.
ANNEXURE A
Disclosures of information pursuant to Regulation 30 of the SEBI Listing Regulations
read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated 13t July,
2023:
SL. PARTICULARS DESCRIPTION
Name of the entity to which
a . ‘e Proi imi
order(s),/ contract(s) is awarded ARSS Infrastructure Projects Limited
Whether order(s) / contract(s) is awarded
b Domestic
to domestic/ international entity
for the work “Improvement such as
widening and strengthening to
Danagadi-Bangarkata road from 0/000
Significant terms and conditions of km to 27/040 km (except from 3/500 km
¢ § 4 § - t04/500 km, from 7/000 km to 7/890 km,
order(s) / contract(s) awarded, in brief from 10/740 km to 12/007 km, from
16/960 km to 18/444 km and from
20/448 km to 20/627 km) in the district
of Jajpur under State Plan.”
Time period, if any, associated with the
order(s) / contract(s) 21 Months
Broad commercial consideration or size of | Rs. 19,78,77,668.00 (Rupees Nineteen Crore
€ Seventy Eight Lakh Seventy Seven Thousand
the order(s)/ contract(s) Six Hundred Sixty Eight rupees Only)
Whether the promoter/ promoter
group/ group companies have any interest
f | in that entity to whom the Not Applicable
order(s)/ contract(s) is awarded? If yes,
nature of interest and details thereof
Regd. Off.: Plot No-38, Sector —A, Zone-D, Mancheswar Industrial Estate, Bhubaneswar -751010 (Odisha)
Tel-91 0674 2602763 Email :cs@arssgroup.in
CIN : L141030R2000PLC006230
Whether the same would fall within
g | related party transactions? If yes, whether Not Applicable
the same is done at “arm’s length”
Regd. Off.: Plot No-38, Sector —A, Zone-D, Mancheswar Industrial Estate, Bhubaneswar -751010 (Odisha)
Tel-91 0674 2602763 Email :cs@arssgroup.in
CIN : L141030R2000PLC006230
By Regd Post
By e mail
OFFICE OF THE SUPERINTENDING ENGINEER
PANIKOILI (R&B) DIVISION, PANIKOILI
Email:eepwd.pki@rediffmail.com
Letter No, 6105 mt. 05 08( 9996.
Letter of Acceptance
ARSS Infrastructure Projects Ltd. “Super” Class Contractor
At:- Ward No.05, Po:- Mancheswar, Ps:- Mancheswar
Dist:- Khurda , PIN: 751010
ODISHA
e mail: tenders@arssgroup.in / response@arssgroup.in
Mob:- 7894476023
Sub: Acceptance of Bid for the work “Improvement such as widening and
strengthening to Danagadi-Bangarkata road from 0/000 km to 27/040 km (except
from 3/500 km to 4/500 km, from 7/000 km to 7/890 km, from 10/740 km to
12/007 km, from 16/960 km to 18/444 km and from 20/448 km to 20/627 km) in
the district of Jajpur under State Plan”
Dear Sir,
| am pleased to inform you that your offer against the referred NIB for
execution of the captioned work amounting to Rs.19,78,77,668.00 (Rupees
Ninteen Crore Seventy Eight Lakh Seventy Seven Thousand Six Hundred Sixty
Eight) only (exclusive of applicable GST) being 28.00% less than the corresponding
estimated cost of Rs.27,48,30,095.00 put to bid subject to verification of documents
attached to the Bid submitted online. You are requested to revalidate the Bid till
Drawal of Agreement.
You are further requested to submit the below mentioned documents in
original for the purpose of verification and attend this office within the time stipulation
for approval of the Construction Programme with Milestone by the Superintending
Engineer and signing the Py Agreement. |
Valid Registration Certificate in original
GSTIN in original
PAN Card in original
All uploaded credentials in original
Work Programn;e
In addition, you are also requested to fumish the Initial Security Deposit with
Additional Performance Security Deposit amounting to Rs.91,02,373.00 (Rupees
Ninty One Lakh Two Thousand Three Hundred Seventy Three) only for
unbalanced bids in shape of NSC/Post Office Savings Bank Account/Post Office
Time Deposit Account/KVP/ /Bank Guarantee/e-Bank Guarantee from any
Scheduled Bank duly pledged in favour of the Superintending Engineer, Panikoili (R
& B)) Division, Panikoili counter guaranteed by its local Branch at Bhubaneswar for
conclusion of P4y Agreement. Be it stated here that the amount so arrived have been
determined without considering the EMD submitted online. The Additional
Performance security shall be treated as part of the Performance Security Deposit
and shall be released after completion of the Defects Liability Period.
These documents must reach the office of the undersigned within 7 (seven)
days after the receipt of this Letter of Acceptance. Failure to comply with these
conditions by you within the time stipulation shall entail the Department to take
recourse to such other action as deemed appropriate including annulment of the
contract award.
Your attention is invited to Works Department Office Memorandum No.14402
Dt.06.10.2017, wherein it has been explicitly mentioned that in the event of failure to
furnish the Performance Security and Additional Performance Security in the
prescribed mode within the time stipulation of seven days and to sign the
Agreement, the Tender Inviting Authority reserves the right to move to the
Registering Authority to cancel your empanelment as Registered Contractor and /or
suspend /prohibit /debar /blacklist you from participating in bidding for any
Government contract of the State for a minimum period of one hundred eighty days.
As per Works Department Office Memorandum No.12366 Dt. 08.11.2013,
You are requested to submit the Construction Programme with Milestone basing on
the financial achievement so as to complete the work within the intended date of
completion for approval by the Superintending Engineer, failing which Agreement
shall not be drawn and in the event of failure to achieve the milestone action in
conformity with
Clause 2 (a) of the P4 Agreeme;fl shall be imposed. The work should
throughout the stipulated period of contract, be progressed with all due diligence so
as to ensure completion by the intended date of completion confirming to the text of
the Works Department Circular No.24716 Dt.24.12.2005.
The sample of materials used for the work should be got approved by the
competent authority prior to execution. In conformity with Works Department,
Odisha Letter No. 3606 Dt.25.03.2022, the Contractor shall have to produce
mandatorily the purchase invoices of all prime materials along with th
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