Arshiya International has received an approval to initiate a financial restructuring process under the Corporate Debt Restructuring (CRD) forum and has appointed SBI Capital Markets to advise the company.
The board at its meeting held on January 19, 2013 has approved for the same after detailed discussions on the current financial affairs of the company.
Arshiya International is engaged in providing end-to-end logistics and supply chain solutions to customers across the world. The company’s offices are located at Singapore, Australia, Dubai, Qatar, Oman and the United States. The company offers solutions in areas of innovative technology, business process outsourcing, supply chain, demand chain and financial flow management services.