Arshiya International Ltd

Arshiya International Appoints Company Secretary & Compliance Officer On 16 May 2013 Parind Badshah is appointed as company secretary & compliance officer of Arshiya International.

Arshiya International`s board decides to initiate financial restructuring process On 19 January 2013 The board of Arshiya International in its meeting on 19 January 2013 has decided to initiate a financial restructuring process under the corporate debt restructuring forum and has appointed SBI Capital Markets to advise the company. The management and board have also decided to appoint an independent professional firm to submit its report to the audit committee of the board of directors. The promoters of the company have decided to forego 50% of their remuneration from 01 October 2012. The executive director & CFO has also decided to forego 50% of his remuneration from 01 October 2012.

Arshiya International to hold board meeting On 19 January 2013 The board meeting of Arshiya International will be held on 19 January 2013 to consider and discuss the current financial affairs of the company and initiatives, if any, required in connection therewith. The board will also consider and approve appointment of a reputed firm of Chartered Accountants to independently investigate into and submit a report to the board on various allegations and reports about the company that appeared in some section of the media recently.

Arshiya International Approves Schemes of Amalgamation On 07 December 2012 The Arshiya International has announced the scheme of Amalgamation of Arshiya Domestic Distripark and Arshiya FTWZ (wholly owned subsidiaries of Arshiya International) with Arshiya International.

Arshiya International appoints company secretary & compliance officer With immediate effect Arshiya International has announced that Nimesh S Shah has resigned as vice president & company secretary of the company effective close of office hours on 26 November 2012. Further, G Hariharan has been appointed as company secretary & chief compliance officer of the company with immediate effect who will hold this position in addition to his existing responsibilities as group legal counsel & head - corporate governance.

Arshiya International allots equity shares On conversion of warrants The committee of Arshiya International in its meeting on 03 November 2012 has considered the request of Ananya Mittal for conversion of 30,50,000 warrants. Accordingly, the committee has allotted 30,50,000 equity shares of Rs 2 each to Ananya Mittal being person forming part of the promoter/ promoter group.

Arshiya International allots convertible warrants On 01 November 2012 The board of Arshiya International in its meeting on 01 November 2012 has allotted 1,36,00,000 convertible warrants of Rs 145 each to Ananya Mittal, being person forming part of promoter/ promoter group.

Arshiya International allots warrants On preferential basis The members of Arshiya International have approved to issue and allot 1,36,00,000 warrants convertible into equivalent number of equity shares of Rs 2 each to Ananya Mittal, being a person forming part of the promoter/ promoter group of the company, on preferential basis. This was approved at the extraordinary general meeting held on 18 October 2012.

Arshiya International to convene EGM On 18 October 2012 Arshiya International has announced that the extraordinary general meeting of the company will be held on 18 October 2012.

Arshiya International to issue warrants On preferential basis The board of Arshiya International in its meeting on 20 September 2012 has approved to issue 1,36,00,000 warrants convertible into equivalent number of equity shares of Rs 2 each at a price of Rs 145 per warrant to Ananya Mittal, being a person forming part of the promoter/ promoter group, on preferential basis. Further, the board has decided to convene extraordinary general meeting on 18 October 2012.

Arshiya International to hold board meeting On 20 September 2012 The board meeting of Arshiya International will be held on 20 September 2012 to consider the issue of equity shares and/or fully convertible warrants on preferential basis to promoter/ promoter group.

Arshiya International recommends dividend Of Rs 1.40 per share The board of Arshiya International in its meeting on 07 July 2012 has recommended dividend at the rate of Rs 1.40 per share (70%) for the financial year 2011-2012.

Arshiya International to consider dividend Board meeting on 07 July 2012 The board meeting of Arshiya International will be held on 07 July 2012 to consider and approve the audited financial results of the company for the year ended 31 March 2012 and to recommend dividend, if any.

Cisco Systems optimizes its regional distribution through Arshiya`s Mumbai FTWZ Cisco Systems Inc, a Fortune 500 company headquartered in US has commenced regional distribution activities from Arshiya International`s Mumbai FTWZ at Panvel catering to its markets in the Indian subcontinent. Critical network equipment manufactured at Cisco`s facilities will be imported through this FTWZ for consumption in India and also for re-export from the subcontinent. Arshiya`s FTWZ helps Cisco in optimizing its global distribution as previously these components were warehoused and imported for final distribution to Indian as well as sub continent markets.

Arshiya International`s director resigns With effect from 14 May 2012 The board of Arshiya International in its meeting on 14 May 2012 V Shivkumar has resigned as a member of the board of directors and executive director of the company with effect from 14 May 2012.

Arshiya International`s board approves scheme of amalgamation The board of Arshiya International (AIL) in its meeting on 12 March 2012 has approved the amalgamation of Arshiya Domestic Distripark (ADDL), wholly owned subsidiary of AIL with AIL. The board has approved the amalgamation of Arshiya FTWZ (AFTWZ), wholly owned subsidiary of AIL with AIL. Further, the board has approved the amalgamation of Arshiya Central FTWZ (ACFTWZ), step down wholly owned subsidiary of AIL with AIL.

Arshiya International appoints CFO With immediate effect The audit committee of Arshiya International in its meeting on 12 December 2011 has appointed Sandesh Chonkar, executive director of the company to hold the position of chief financial officer (CFO) of the company with immediate effect.

Arshiya Rail Infrastructure wins contract for Sterlite Industries Arshiya Rail Infrastructure, a subsidiary of Arshiya International has recently won a tender for movement of 24,000 MT of copper concentrate for Sterlite Industries (India). The movement of Copper concentrate will be from Khetri (Rajasthan) to the Copper Smelter Unit of SIIL, located at Tuticorin (Tamil Nadu) over a period of six months.

Arshiya International`s CFO resigns With effect from 04 October 2011 Arshiya International has announced that Nitin Kolhatkar, CFO of the company has resigned with effect from 04 October 2011.

Arshiya International to hold board meeting On 10 August 2011 A meeting of the board of Arshiya International will be held on 10 August 2011 to consider and approve the unaudited financial results (provisional) of the company for the quarter ended 30 June 2011, audited financial results of the company for the year ended 31 March 2011 and to recommend payment of dividend, if any.

Arshiya International allots equity shares Under ESOP The committee of Arshiya International in its meeting on 11 February 2011 has allotted 825 equity shares of Rs 2 each to the eligible employees of the company, pursuant to the exercise of options under the company`s Employee Stock Options Plan 2007.

Arshiya International allots equity shares Under ESOP The committee of Arshiya International in its meeting on 24 January 2011 has allotted 3,600 equity shares of Rs 2 each at a premium of Rs 208 per equity share to the eligible employees of the company, pursuant to the exercise of options under the company`s Employee Stock Options Plan 2007.

Arshiya International allots equity shares Under ESOP The committee of Arshiya International in its meeting on 23 December 2010 has allotted 2,045 equity shares of Rs. 2 each at a premium of Rs. 208 per equity share to the eligible employees of the company, pursuant to the exercise of options under the company`s Employee Stock Options Plan 2007.

Arshiya International allots equity shares Under ESOP The board of Arshiya International in its meeting on 04 December 2010 has allotted 5740 equity shares of Rs. 2 each to the eligible employees of the company, pursuant to the exercise of options under the company`s Employee Stock Options Plan 2007.

Arshiya International receives two prestigious awards Emerging Rail Operator of the Year & Emerging Company & Visionary of the Year Arshiya International has won two prestigious industry awards for its vision, innovation and contribution towards revolutionizing the logistics space in India. Arshiya received the 'Emerging Rail Operator of the Year' award at the Express Logistics and Supply Chain (ELSC) for its innovative business model as a private container train operator. Arshiya also received 'Emerging Company & Visionary of the Year award at the Maritime and Logistics Awards (MALA) for its unique integrated model and thought leadership in the industry. The company made this announcement during the trading hours today, 01 October 2010.

Arshiya International announces launch of India's first FTWZ in Panvel, Mumbai Arshiya International has launched India's first Free Trade and Warehousing Zone (FTWZ) at Panvel in Mumbai. This 165-acre state-of-the-art facility will be operational over two phases employing over 25,000 people at full capacity and is expected to cost approximately Rs. 1,500 crore. The company made this announcement during the trading hours today, 18 August 2010.

Arshiya International recommends dividend Of 50% The board of Arshiya International in its meeting on 11 August 2010 has recommended dividend at the rate of Re 1 per share (50%).

Arshiya International to hold board meeting On 11 August 2010 The board meeting of Arshiya International will be held on 11 August 2010 to consider and approve the unaudited financial results (provisional) of the company for the quarter ended 30 June 2010 and audited financial results of the company for the year ended 31 March 2010. The board will also recommend payment of dividend, if any.