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LYPSAGEMS Lypsa Gems & Jewellery News Story

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Brief: Lypsa Gems & Jewellery cuts secured debt by 25 pct

Oct 18 (Reuters) - Lypsa Gems & Jewellery Ltd  LYPS.NS  
    * Says Lypsa's debt reduction by 25% 
    * Says as of Oct. 18, debt stands at 235 mln rupees 
    * Says co is actively trying to reduce debt, minimize annual 
interest outgo to boost profitability 
 
Source text: http://bit.ly/2dXHmpT 
Further company coverage:  LYPS.NS  
 
 (Bengaluru newsroom) 
 ((ReutersIndia.snapping@thomsonreuters.com ;))

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