MSI Installer fails with error :Assembly Error:The parameter is incorrect

I have created an MSI installer using Wix toolset (version 3.11) and the installer works fine on all other servers. But on AWS instances with OS, Windows server 2012 R2 installer fails with error Assembly Error:The parameter is incorrect.

Installer verbose log file lines which i felt are related to this error are below (complete log can not be attached)

MSI (s) (88:8C) [08:50:05:010]: User policy value 'SearchOrder' is 'nmu'
MSI (s) (88:8C) [08:50:05:010]: Adding new sources is allowed.
MSI (s) (88:8C) [08:50:05:010]: Set LastUsedSource to: C:\Users\Shreesha.Rao\Desktop\18.0.2\.
MSI (s) (88:8C) [08:50:05:010]: Set LastUsedType to: n.
MSI (s) (88:8C) [08:50:05:010]: Set LastUsedIndex to: 1.
MSI (s) (88:8C) [08:50:05:010]: Executing op: End(Checksum=0,ProgressTotalHDWord=0,ProgressTotalLDWord=5851241)
06/29/2018 08:50:05.041 [3720]: Assembly Install: Failing with hr=80070057 at CAssemblyCacheItem::MoveAssemblyToFinalLocation, line 846

06/29/2018 08:50:05.041 [3720]: Assembly Install: Failing with hr=80070057 at CAssemblyCacheItem::LegacyCommit, line 1444

MSI (s) (88:8C) [08:50:05:041]: Assembly Error:The parameter is incorrect.

MSI (s) (88:8C) [08:50:05:041]: Note: 1: 1935 2: {6E5EE8E5-86C6-4E4E-BF86-0FF21C02E57A} 3: 0x80070057 4: IAssemblyCacheItem 5: Commit 6: [assemblyname],version="1.1.14.0",culture="neutral",publicKeyToken="13D9421F3DD97943",processorArchitecture="MSIL" 
MSI (s) (88:8C) [08:50:05:041]: Note: 1: 2205 2:  3: Error 
MSI (s) (88:8C) [08:50:05:041]: Note: 1: 2228 2:  3: Error 4: SELECT `Message` FROM `Error` WHERE `Error` = 1935 
MSI (s) (88:8C) [08:50:28:899]: Note: 1: 2205 2:  3: Error 
MSI (s) (88:8C) [08:50:28:899]: Note: 1: 2228 2:  3: Error 4: SELECT `Message` FROM `Error` WHERE `Error` = 1709 
MSI (s) (88:8C) [08:50:28:899]: Product: [product] 18.0.6 -- Error 1935. An error occurred during the installation of assembly '[assemblyname],version="1.1.14.0",culture="neutral",publicKeyToken="13D9421F3DD97943",processorArchitecture="MSIL"'. Please refer to Help and Support for more information. HRESULT: 0x80070057. assembly interface: IAssemblyCacheItem, function: Commit, component: {6E5EE8E5-86C6-4E4E-BF86-0FF21C02E57A}

06/29/2018 08:50:28.899 [3720]: Assembly Install: Failing with hr=80070005 at RemoveDirectoryAndChildren, line 393

I have tried,

• verifying if the user is an admin : User is administrator
• Disabled 'User Account Control : Run all administrators in Admin Approval
  Mode' from Local Security Policy (followed a blog post)
• Searched for the error number 1935 : did not get any useful information

Please help me.

Note:I am not sure this error is related to MSI or Wix toolset ( i am 90% sure error is not related to wix toolset) so adding both the tags.