Arshiya Limited - 506074 - Board Meeting Outcome for Outcome Of Board Meeting
In line with the previous announcement of reducing debt and to eventually achieve a debt free status for Arshiya Group, post the demerger of Arshiya Rail Infrastructure Limited from Arshiya Limited, we are pleased to announce that the Company has received a debt restructuring package from its lead lender EARC i.e., Edelweiss Asset Reconstruction Company Limited by way of a Settlement of Debt vide letter dated 4th March 2022. This Settlement of Debt has been approved by the Board at its meeting held on 7th March 202207-03-2022