At meeting held on 17 July 2014
Arshiya announced that the Board of Directors of the Company at its meeting held on 17 July 2014, has allotted 4,50,00,000 equity shares of face value of Rs. 2/- each on preferential basis, in terms of approval of shareholders accorded vide Special Resolution passed on 12 May 2014, by way of Postal Ballot and pursuant to the scheme of the Corporate Debt Restructuring Scheme (including any modification re-notification) approved by the CDR Empowered Group, to the following Promoters/ Promoter Group.a. 86,60,937 Equity shares to Ajay S. Mittal, &
b. 3,63,39,063 Equity shares to Archana A. Mittal
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