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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Governance Concern1/10
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Liquidity Impact8/10
Market Sentiment6/10

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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 [Showing first 8,000 characters — download PDF for full document]