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| Exchange Disseminated Time | | Arshiya International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 27, 2014, inter alia, took cognizance of the Restructuring package and accepted the contents of the letter dated March 21, 2014 issued by CDR cell including condition of Rs. 221.61 Crores required to be brought in by the Promoters of the Company as promoters contribution under CDR Scheme. Out of above, Rs. 37.44 Crores to be towards contribution of conversion of warrants by Promoters at Rs. 145 per share, and balance amount of 184.17 Crores towards contribution of shares as per SEBI guidelines in compliance with extant regulatory guidelines. |
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