Arihant Superstructures has informed that the board of directors of the company at its meeting held on February 04, 2013, has transacted the increase in availing of term loan/private equity participation amount from Rs. 25 Crores to Rs. 80 Crores by its wholly owned subsidiary company Adeshwar Realty Pvt. Ltd. for its project 'Arihant Arshiya'.
It has also approved exemption from attaching balance sheet of subsidiary companies in annual report of the company under section 212(8) of the companies act, 1956.
The above information is a part of company’s filings submitted to BSE.