December 27, 2017 / 12:21 PM / 6 months ago

BRIEF-Arshiya Ltd Approves Issuance Of Shares To Axis Bank

* APPROVED ISSUANCE OF 1.1 MILLION SHARES TO AXIS BANK AGAINST PART CONVERSION OF CRYSTALLISED LIABILITY AMOUNTING TO 116 MILLION RUPEES

* APPROVED INCREASE IN AUTHORISED SHARE CAPITAL OF CO

* SAYS APPROVED ISSUE OF 1.2 MILLION ZERO PERCENT OPTIONALLY CONVERTIBLE REDEEMABLE PREFERENCE SHARES TO SICOM LTD Source text - bit.ly/2pHIWF3 Further company coverage:

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