Tribhuvan Housing has informed that the Board of Directors of the Company at its meeting held on November 13, 2015, has decided to come up with a scheme of capital reduction to wipe off the accumulated losses against the paid up capital of the Company, for which the Board has given powers to the Managing Director to sign necessary document and to formulate complete scheme after consulting with professional financial advisors.
The above information is a part of company’s filings submitted to BSE.
