Arshiya Limited ("the Company") has announced that in the era of growing demand for Internet services, the social-media explosion and constant collection of big data, the Company has outlaid a plan to set-up additional segment in the notified area Company's FTWZ wherein it plans to develop IT / ITES Park on an area of about 25 acres of land situated at Panvel for which it has received approval to set up the said IT/ITES SEZ from the concerned authorities.
The said 25 acres of land situated at Panvel has been notified as IT/ITES Park and on the said Land the Company plans to build a "Hyperscale Data Centre Park" with a constructible area of approximately 2.5 to 3 million square feet.
The company has recently entered into a Master Development Agreement (Non-Binding term sheet) with a very large global Data Centre operator.
Shares of Arshiya Limited was last trading in BSE at Rs.27.25 as compared to the previous close of Rs. 29. The total number of shares traded during the day was 10870 in over 110 trades.
The stock hit an intraday high of Rs. 28.45 and intraday low of 27.25. The net turnover during the day was Rs. 300158.