October 18, 2016 / 7:31 AM / 10 months ago

BRIEF-Lypsa Gems & Jewellery cuts secured debt by 25 pct

Oct 18 (Reuters) - Lypsa Gems & Jewellery Ltd

* 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: bit.ly/2dXHmpT Further company coverage: (Bengaluru newsroom)

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