Sunday, June 16, 2013

ARSS Infrastructure Ltd: Building Foundations for Future Upmoves
The Company's debt is under CDR which was approved on 19/07/12 by the CDR empowered Group (CDREG) and was implemented on 06/09/2012. In terms of the guidelines issued by the CDREG the company has issued Compulsory Convertible Preference Shares to the Promoters and their associates to the tune of Rs.15 Cr on preferential allotment basis. 

Would you believe that, if I say in 2010, Reliance Money gave a buy target of Rs.1444 for ARSS Infrastructure Ltd. CLICK HERE. CMP: Rs.23.70.